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July 22, 2002

Kauffman Fellow, Dr. Ashish Gupta,
Joins Woodside Fund

Redwood Shores, CA -- July 22, 2002 -- Woodside Fund announced today that Kauffman Fellow, Dr. Ashish Gupta, has joined the firm. The Kauffman Fellowship is a unique and highly esteemed educational program designed to educate and train future venture capitalists and leaders of high-growth companies. The program selects leaders of the venture capital community to mentor Kauffman fellows. By working hand-in-hand with their venture capital mentors, the Fellows learn how to identify, finance and grow new venture companies.

Woodside Fund is one of nine venture capital firms selected to mentor a Fellow from the current class. “Woodside Fund is an excellent venue for our program,” stated Trish Costello, Director of the Kauffman Fellowship. “Woodside Fund stands out for its long term commitment to early stage investing, and its decades of experience, which is very valuable in today’s challenging environment,” Ms. Costello added.

Vincent Occhipinti, Co-founder and Managing Director of Woodside Fund remarked, “We are pleased and honored to serve as mentor to Ashish. He is an exceptionally talented and accomplished entrepreneur, business leader, and fine person. His background, as an entrepreneur and technologist, is highly compatible with Woodside Fund’s culture and investment focus on enterprise software and network infrastructure.”

Ashish Gupta stated, “I am looking forward to working closely with Woodside Fund. The Fund applies a disciplined approach to investing coupled with a commitment to helping entrepreneurs succeed through the application of high ethical standards. These are some of the many attributes that attracted me to the Woodside team, and I am privileged to be with Woodside Fund.”

Most recently, Ashish was an active advisor and investor in several information technology companies including Tavant and Daksh, working with the founders and management on all aspects of their businesses. Ashish was Founder, Vice President of Engineering, and Director of Junglee Corporation, a data integration software company that was acquired by Amazon.com in 1998. Before Junglee, Ashish was Senior Member of Technical Staff at Oracle Corporation, and also held technical research positions at IBM and Stanford University. He is the holder of seven patents and has written and presented numerous papers at international conferences. Ashish has a Ph.D. in computer science from Stanford University and a B.A. in computer science from the Indian Institute of Technology at Kanpur, where he was awarded the President's Gold Medal.

Participation in the Kauffman Fellowship program is highly sought after by prospective Fellows and mentors. Only candidates with impeccable credentials are accepted into the program. This year, 450 applied and only nine Fellowships were awarded. Fellows are carefully matched with a venture capital firm to ensure that each Fellow has the ideal educational experience to move them up the learning curve as quickly as possible.

About Woodside Fund

Woodside Fund is a leading venture capital firm that excels in developing early stage technology companies. Founded in 1983, the Fund attributes its successful track record to the high value it places on building productive partnerships with entrepreneurs, investors and other resource providers. Typically serving as lead investor, Woodside Fund invests from $5 to $15 million in early stage companies focused in the areas of enterprise software and network infrastructure, located in Northern California and the West Coast. Woodside Fund has four funds with over $250 million under active management.

 

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www.kauffmanfellows.org

 

                                      
 

 

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