Jim Moran joined North Bridge Venture Partners in mid-2009. Prior to joining North Bridge, Jim was Chief Executive Officer of Covergence Networks, a developer of leading edge software-based session border controllers and Unified Communications applications to global 1000 enterprises. Jim successfully engineered the acquisition of Covergence by Acme Packet (NASDAQ:APKT) in May of 2009, which yielded a 6X return to investors in the subsequent 12 months. Prior to Covergence, Jim was a co-Founder of edocs, Inc which became the leading provider of web self-service and online billing & payment solutions to the Fortune 500. The edocs platform remains in production today and moves billions of dollars for millions of consumers each month. Customers included General Electric, American Express, Verizon, Humana, and British Telecom. edocs was a multi-year member of both the Inc. 500 and the Deloitte & Touche Fast 50 before it was sold for $145 million in 2005 to Siebel Systems which was later acquired by Oracle. Additionally, Jim was an early investor, board member & Chief Operating Officer of Virtusa (NASDAQ:VRTU) which grew from a standstill in 1998 to a global leader of information technology services and over $175 million in revenues.
Prior to his entrepreneurial career, Jim was Senior Vice President of Sales at CheckFree Corporation where he played a key role in growing revenues from approximately $25 million to over $250 million leading to a successful IPO in 1996. Prior to CheckFree Jim held various sales positions at EMC, XL/Datacomp and Software 2000.
Jim received his Bachelor of Arts in Communications from Northeastern University in 1987. Prior boards include Big Brothers Big Sisters of Central Ohio, BankFirst National (NASDAQ:BFOH), edocs, Virtusa (Nasdaq:VRTU), Covergence, and County Savings Bank. Jim is a Founding Member of the Ohio Tech Angels.