Bob Rinek

Bob Rinek is a managing director in the merchant banking group at Piper Jaffray and member of the general partner. He has worked in the investment banking and private equity industry for more than 35 years.

Prior to Rinek’s current role, he established the firm’s financial institutions group (“FIG”) in the late 1980s and served as global group head of FIG until December 2007. He is also a former board member of Piper Jaffray Ventures. Rinek joined Piper Jaffray in 1982 and was previously with the Northern Trust Company and ITT Financial Corporation.

Currently, Rinek is on the board of, or has board observation responsibility for, the following portfolio companies: Living Proof, PerfectServe, Harvest Power, LogRhythm and Lattice Engines. He is also the board chair of Twin Cities Public Television. Over the course of his career, Rinek has served on the boards of many for-profit and not-for-profit organizations, including the Science Museum of Minnesota, The Equipment Leasing & Finance Foundation and Multi Service Corporation.

Rinek is also actively involved in the investment community. He is a founding member of Twin Cities Angels, which makes angel investments in start-up companies around the Minneapolis/St. Paul area. He has served on the board of Marshall Financial Ventures, an equity fund focused on investing in late-stage financial service companies.

Rinek graduated from Denison University and earned a Master of Business Administration degree from The University of Chicago Booth School of Business. He has also holds the Certified Management Accountant (CMA®) professional designation.

Brant Heise

Across more than 20 years of work within both the non-profit and for-profit arenas, Brant Heise has garnered a broad range and scope of health care experience. His expertise includes business development and operating experience in entrepreneurial start-up companies, physician organizations, community hospitals and academic medical centers.

In addition to his role as Senior Managing Director of Summation Health Ventures, Mr. Heise is Managing Director of the MemorialCare Innovation Fund. He has also sat on the Board of Directors for several privately held, venture-capital-funded companies within the MemorialCare Innovation Fund’s investment portfolio.

Mr. Heise earned a master’s degree in health care services administration from the University of Michigan, as well as a Bachelor of Arts in psychology from Grinnell College.

Matt Warta

Prior to joining Village Ventures, Matt was Vice President of Corporate Development and Finance at CyberCrop.com, Inc., where he was instrumental in the development of the company’s initial business plan and securing over $25 million in financing. Additionally, he was involved in setting the strategic direction of the company and securing strategic partners.

Prior to CyberCrop.com, Matt was a Vice President at Koch Ventures, Inc., where he led investments in companies such as VerticalNet, Inc. (NASDAQ: VERT), Universal Access, Inc., (NASDAQ: UAXS), and Energy Interactive (Acquired: ABB). Matt focuses on healthcare related investments, including healthcare IT, healthcare services, medical technology, and outsourced services for the pharmaceutical and biotech industries.

Matt graduated from the University of Kansas and now resides in Denver, Colorado. Matt is active in the Denver community having co-founded the Epidermolysis Bullosa Family Assistance Fund at Children’s Hospital of Denver. He is an advisor to The Children’s Hospital Research Institute, and he serves as a member of the advisory committee for the Fitzsimmon’s BioBusiness Incubator.

Kyle Salyers

Kyle Salyers is the Senior Vice President of Business Development at Health Catalyst, a recognized leader in data warehousing, analytics and healthcare outcomes improvement.

Previously, Kyle was the Co-founder and Managing Director of CHV Capital, Inc. (CHV), a wholly owned venture capital affiliate of Indiana University Health, where he lead the firm’s investments in NICO Corporation, Health Catalyst, MindFrame (acquired by Covidien), MedVentive (acquired by McKesson), PerfectServe, NeoChord, Celleration and Noxilizer.

Mr. Salyers served as an Innovation Fellow and Investment Director at Rose-Hulman Ventures, an affiliate of Rose-Hulman Institute of Technology, which invested in over 30 technology-based start-up companies, including Suros Surgical Systems (acquired by Hologic).

Mr. Salyers has also served in number of leadership roles across a wide range of public-private economic development partnerships. As the Economic Development Manager for Indianapolis Mayor Stephen Goldsmith, he was instrumental in establishing the City’s first technology-based economic development plan: The Mayor’s High Technology Task Force, and later served as the Vice President of the Indiana Technology Partnership. As the Senior Vice President for Innovation & New Ventures at Thomas P. Miller & Associates (TPMA), Kyle led the firm’s economic development and technology commercialization practice for many high profile clients, including Purdue University.

The President of Indiana University engaged Mr. Salyers to develop the University’s first comprehensive economic development strategy, Advancing Indiana and to serve as a Special Advisor to the President and Executive Director of Advancing Indiana.

Mr. Salyers is the acting Chair of the Indiana University School of Nursing National Advisory Board and the Advisory Board of the Eiteljorg Museum of Native American and Western Art.

Mr. Salyers is a graduate of DePauw University with degrees in Economics and Sociology and was a four-year varsity basketball player. Mr. Salyers has an MBA from the University of Notre Dame and completed Harvard University’s Making Corporate Boards More Effective executive education program. Kyle and his wife Natasha have three daughters.

J. Carter McNabb

Carter joined River Cities in 1999 and leads the firm’s healthcare investing practice. He has been instrumental in setting River Cities’ healthcare strategy and establishing its credibility within the healthcare vertical. Under his tenure, healthcare related deal flow has increased by 300%.

Previously, Carter worked in marketing and business development for Home Technology Healthcare, a comprehensive home healthcare company offering nursing, DME, infusion therapy and hospice services across the Southeast. Home Technology Healthcare was private equity financed by Willis Stein & Co. and acquired by Integrated Health Services in 1997. As the 1998 recipient of the Bradford Fellowship for achievements in corporate finance, Carter worked in equity research at J.C. Bradford & Co. while attending business school at Vanderbilt.

Carter holds a B.A. in Classical Studies from Trinity College (Hartford, CT) and received his M.B.A. from Vanderbilt University. Carter concentrates on healthcare services and medical technology investments for River Cities. Exited investments include CMHC Systems and Suros Surgical Systems.

Carter serves on the boards of Health Integrated, Inspiris, Invivodata, Micronics, National Medical Solutions and OrthoHelix.

Rob Heimann

Rob joined River Cities with operations and investment experience in venture-funded technology companies with particular expertise in M&A transactions, channel development and corporate strategy. Rob is responsible for sourcing and evaluating new investment opportunities as well as helping support existing portfolio companies.

Prior to joining River Cities, Rob was VP of Corporate Development at Intelliseek, Inc., a marketing services company backed by River Cities. At Intelliseek, Rob oversaw several acquisitions, managed the Company’s Series B financing and helped establish several strategic OEM and reseller partnerships. Prior to that, he worked with Arthur Andersen & Co. consulting with new ventures on financing, M&A transactions, and other accounting and tax issues.

Rob holds a master’s degree in business administration from the J.L. Kellogg School of Business at Northwestern University, where he graduated with distinction and was awarded Beta Gamma Sigma. He holds a B.S. in Accounting from the University of Virginia and is a CPA.

In addition to PerfectServe, he serves as a member of the Board of Directors of Ifbyphone, Medplast, PetSuites, Greater Cincinnati Venture Association and is an observer on the boards of Invivodata and MXLogic. He is Director Emeritus for Starfire Council and is a member of the University of Virginia’s regional selection committee for the Jefferson Scholarship Program.

Gene Barduson

Gene Barduson, Executive Chairman of the Board of Directors, is an information technology industry expert with a proven, 30-year track record of producing increased sales and profitability in large company, start-up and turnaround situations. Gene started his career with IBM and later became involved in three start-ups during the early stages of the CAD/CAM industry. In 1989, he took an executive position with Shared Medical Systems, Inc. (SMS), now part of Siemens, AG where he served as Senior Vice President for the Western Region and all national accounts.

After SMS, Gene was recruited to serve as president and CEO of EDiX Corporation where he guided a turnaround and grew revenue from $14 million to more than $100 million over a five-year period. During that time he led the successful sale of EDiX to IDX — and positioned EDiX as the market-leading technology-based medical transcription company in the country.

Gene left IDX to serve as chairman and CEO of Apexion Technologies Inc., a start-up technology company providing health care supply and surgical instrument tracking applications that was later acquired by Lawson Software. Most recently, Gene served as president and CEO of Alteer Corporation, a software service provider to medical practices. While at Alteer, he raised $20 million of venture capital and engineered a successful turnaround and sale to American Health.

Gene holds a Bachelor of Science in Mathematics from St. Cloud State University and Master of Mathematics from the University of Northern Iowa.

Gene presently serves as a Director of Vesatek, an early stage medical device company focused on endovascular surgery; Benchmark Revenue Management; and Heartland Information Management Services, formerly Spryance, a market-leading medical transcription services company. Gene also serves on the Board of Trustees at Western University of Health Sciences.

Terry Edwards

Terry Edwards is the visionary founder, president and CEO of PerfectServe. As chief executive, Edwards has dedicated himself to helping clinicians provide the best and most efficient patient care—while delivering the most satisfying customer experience in the healthcare industry.

In 1999, Edwards invented and developed the version one prototype of what has today evolved into the most comprehensive and secure care team collaboration platform in the healthcare industry.

Since then, he has successfully guided PerfectServe’s national expansion, serving more than 100,000 users, including more than 55,000 physicians, in some of the leading U.S. health systems—including Advocate Health Care, Ascension Health, MemorialCare, the WellStar Health System, St. Joseph Health, Spectrum Health and more—while attracting more than $40 million in venture capital to fuel the company’s growth and innovation.

Prior to starting PerfectServe, Edwards served as vice president of sales for Voice-Tel, a pioneer in the interactive voice messaging industry. Previously, he co-founded Milepost Corporation, a leading marketing communications firm that served Fortune 500 accounts in the automotive and manufacturing industries.

Before launching into entrepreneurial ventures, Edwards studied music at Bowling Green University and religion at Lourdes College.