Board of directors

Board of directors

Rich D’Amore
North Bridge Venture Partners

Rich D’Amore is a co-founder and general partner of North Bridge Venture Partners. Prior to founding North Bridge, Rich was a general partner of Hambro International Venture Fund. Rich is a summa cum laude graduate of Northeastern University, and he received his M.B.A. from Harvard Business School, where he was a Baker Scholar. Rich serves on the Board of Trustees at Northeastern University as well as the Boards of Vecco Instruments, Phase Forward and a number of private companies.

North Bridge Venture Partners is an investor in Newforma.

Newforma Director Jim Baum Jim Baum

Jim Baum is a former president and chief executive officer of data warehousing and analytics company Netezza Corporation (NYSE: NZ). Baum led the 2010 sale of Netezza to IBM. Prior to Netezza, Baum was the president and chief executive officer of data-management software company Endeca Technologies, subsequently acquired by Oracle Corporation. Before Endeca, Baum served in various positions at Parametric Technology Corp., ultimately rising to executive vice president and general manager.

Baum holds a bachelor of science degree in mechanical engineering from Worcester Polytechnic Institute, and a master of science degree in engineering from Rensselaer Polytechnic Institute. Today, Baum is a trustee of Worcester Polytechnic Institute. In 2011, he won WPI’s first Innovator of the Year Award for his achievements discovering, developing, and commercializing breakthrough technologies.

In addition to the Newforma board, Baum is a director of Jibe and EnerNOC.

Jesse Devitte
Borealis Ventures
Village Ventures

Jesse is a Co-Founder and Managing Director of Borealis Ventures, a northern New England-focused early stage venture capital firm that is a member of the Village Ventures national network of early stage venture funds. Jesse has built his career on helping software companies succeed, serving variously as an entrepreneur, public company executive, angel investor, outside director, and industry spokesman.

Jesse was the driving force behind the phenomenal growth of Softdesk from a New Hampshire start-up to a multinational public company. He served on Softdesk’s Board of Directors and in a variety of senior operating roles at the company, and directed numerous acquisitions, a successful initial public offering, and ultimately, the sale of the business in 1996 to Autodesk. Jesse subsequently led the integration of the two companies and served on the Autodesk executive staff as the Vice President and General Manager of the Architecture, Engineering, and Construction Division.

In addition to being a Director of Newforma, Inc., Jesse is also a Co-Founder and the Founding Investor. He was the former Chairman of Scribe Software prior to its acquisition by The Mustang Group and was a Director of @Last Software prior to its acquisition by Google. He is also the Co-Founder and Founding Angel Investor of Handmark, where he is also a Director. Jesse is the Chairman of virtual construction company Vico Software and a Director of horizontal infrastructure company Envista Software. Jesse is the Chairman Emeritus of the Software Association of New Hampshire, a statewide director of the New Hampshire Charitable Foundation and serves on the New England Executive Board of TechNet.

Jesse graduated with Distinction from the Indiana University School of Public and Environmental Affairs and completed his military service as a member of the White House Communications Agency during the Ford and Carter administrations.

Borealis Ventures and Village Ventures are investors in Newforma.


Joseph Esposito
Ascentage Group

Joe Esposito has over 30 years of finance and operations experience, especially in growing and developing technology businesses. He is currently a business development advisor for Ascentage Group as well as an advisor to several start-up technology companies.

Joe retired as chief financial officer of SolidWorks Corporation, where he was responsible for all financial, legal and business systems activities, as well as most administrative functions. Joe completed four acquisitions for SolidWorks and managed integration of each business into the company.

Prior to joining SolidWorks, Joe was financial director of new business ventures at Polaroid Corporation, where he was responsible for determining financial and operational structures for acquisitions, dispositions and spin-outs in support of Polaroid’s first coordinated new business development effort. Previously, Joe served as chief financial officer of Polaroid Medical Imaging Systems and held various controllership and treasury roles throughout Polaroid.

Joe serves on the board of directors and as treasurer of the Massachusetts Business Alliance for Education and chairs its audit committee. He is also chairman of the Advisory Council to the Massachusetts Board of Elementary and Secondary Education concerning school district accountability and assistance.

Joe attended the United States Military Academy at West Point, served as a U.S. Army Captain in Vietnam, received a bachelor’s degree in computer science from Boston University, and has a master’s degree in business administration from Harvard Business School. In addition, he is a certified public accountant with both audit and tax experience from Peat, Marwick, Mitchell and Company (KPMG Peat Marwick LLP).


Lou Volpe
Kodiak Venture Partners

Lou Volpe has over 25 years of technology industry experience. As an operating executive, his career includes many successful IPOs and acquisitions, such as the multi-billion dollar purchases of ArrowPoint Communications and GeoTel Communications by Cisco Systems. At Kodiak, one of his portfolio companies had a successful acquisition when IMLogic was acquired by Symantec in January 2006.

In his key role as Kodiak’s managing general partner, Lou sets the strategy and growth initiatives for the firm. He focuses on investments across the spectrum of the firm’s technology sectors, concentrating on software and services. He is a member of the boards of directors for Kodiak portfolio companies including airwide solutions, Azimuth Systems, Bentley Kinetics, Egenera, GTESS, HighRoads, sentitO Networks and SpaceClaim.

Lou joined Kodiak from ArrowPoint Communications, where he was president, chief operating officer, and a member of the board with responsibility for all of the company’s functional organizations and for managing worldwide operations. Under his leadership, ArrowPoint had a successful IPO in March 2000, and subsequently was acquired by Cisco for $5.5 billion in June of that year.

Before ArrowPoint, Lou was senior vice president of worldwide sales & marketing and a member of the board of GeoTel Communications. He joined the company early in its developmental stage, was a major contributor in building its worldwide sales and marketing presence, and was instrumental in guiding the company in its IPO and eventual $2 billion acquisition by Cisco in June 1999.

In previous positions, Lou served as senior vice president of marketing and operations for Parametric Technology Corporation, and also was an executive at Prime Computer. He also has been an active investor and board member for a number of companies including Atria (acquired by Pure) and Softdesk (acquired by Autodesk).

Lou holds a B.A. from Tufts University and an M.B.A. from Boston University.

Kodiak Venture Partners is an investor in Newforma.

Newforma Construction Industry Advisor Norbert Young Norbert Young

Norbert W. Young Jr., FAIA, Hon. FRAIC, is managing director of Duck Cove Associates, LLC, a Maine-based consulting services company. Duck Cove Associates provides growth-oriented AEC clients with strategic planning, business development, and business transformation. In addition, Norbert is a senior adviser of Lehrer, LLC, a New York City-based advisory firm providing strategic guidance during development, design and construction.

From 1999 to 2009, Young was president of McGraw-Hill Construction, comprised of such prestigious brands as Dodge, Sweets, Architectural Record, Engineering News-Record Regional Publications and www.construction.com. Under Young’s direction, MHC served as the leading provider of print and electronic products and information services to the $5.2 trillion global industrial, commercial and residential construction industry.

Previous to McGraw-Hill, Young spent eight years with the Bovis Construction Group, a global leader in the management of high-profile construction projects. In 1994, he was appointed president of the newly created Bovis Management Systems (BMS), serving the construction and project management needs of private and public sector clients nationally and globally, ultimately active in more than 17 countries.

Norbert is a registered architect and Fellow of the American Institute of Architects. Other professional affiliations include the Construction Users Roundtable, the Urban Land Institute, and the Construction Specification Institute. In addition, Young has served a trustee of the National Building Museum; chairman of the board of regents of the American Architectural Foundation, and the Associated General Contractors of America Private Industry Advisory Board. He holds a master of architecture degree from the University of Pennsylvania.