Multiply Corporate Info

Company Background

Multiply, Inc., based in Boca Raton, Florida, is your one place on the Web for doing more with your media: we take your photos, videos and blog posts to the next level. Share safely. Store permanently. Create beautiful products. There's no better home for everything that matters to you. Multiply's feature-set appeals to a growing number of individuals who are not only concerned with privacy issues surrounding mainstream social networks, but who also value content created by their real-world friends and family.

Founded in December 2003, the company launched its flagship web site, Multiply (http://multiply.com), in March 2004, effectively defining the new field of social communications. While "social-networking" sites were gaining popularity as an easier way to meet new people, Multiply's founders, being parents themselves, understood the importance and value of being able to share your photos, videos and relevant info in a safe, secure manner with the people that matter most.

Multiply's usage has been steadily gaining traction as one of the most popular sites on the Web today. Our 14 million members post more than 3,000,000 photos, 20,000 videos and 55,000 blog entries every day.

Multiply's staff has tremendous experience building highly-scalable, web-based applications. The reliability of our network and preservation of our users' data are top priorities. Also a top priority for Multiply is respecting the privacy of our users. Multiply will never sell or give away any personal information about our users to third parties.

Named to AlwaysOn's 2008 OnMedia 100 list of the top private digital entertainment and media companies, Multiply is privately-held with backing by VantagePoint Venture Partners, Point Judith Capital, Transcosmos, and private investors.

Management Team

Multiply's founders were previously partners of Daedalus World Wide Corporation ("DWWC") which was founded in 1995, and operated some of the first mass-market web sites on the Internet. In 1996, DWWC launched Commissioner.com, a fantasy sports statistics service that was licensed to, and private-labeled or co-branded for: CBS.SportsLine.com, the National Football League, the National Basketball Association, Major League Baseball, CNN/SI, America On-line, Netscape, Excite, the PGA TOUR and others. In December 1999 DWWC was merged into SportsLine.com, Inc., and operated as a wholly-owned subsidiary. In 2004 the DWWC team was inducted into the Fantasy Sports Trade Association Hall of Fame for its influential role in creating the now thriving on-line fantasy sports industry. Having worked together and experienced growth in start-ups through high-profile publicly-traded companies, Multiply's team is well poised for repeat success.

Peter Pezaris Founder and CEO
Peter is in charge of all product development and strategic direction of the company. Prior to Multiply, Peter served as CBS SportsLine.com's President of Operations and Product Development where he was responsible for technology and computer operations as well as programming and production. In this role, Peter oversaw the operations of nfl.com, pgatour.com, cbs.sportsline.com, and mvp.com, which serve billions of pages annually to tens of millions of customers. In 2003, Peter was named to the Sports Business Journal's "Forty Under 40" list, which recognizes the most promising young executives in the sports business. Peter joined SportsLine when it acquired DWWC. Prior to DWWC, Peter was a systems and software developer for the investment banking firms of Bankers Trust and Salomon Brothers.
http://pez.multiply.com

Michael Gersh Chief Operating Officer
Michael is in charge of the day-to-day operations of the company including finance and marketing. Before Multiply, Michael was an independent consultant advising technology start-ups on product design and business strategy. His clients included ModeEleven, where he designed the company's Broadcast Screensaver System, a PC Magazine Technical Excellence award finalist in 2003. Michael was an initial founder of DWWC and subsequently served as the General Manager of SportsLine.com's fantasy sports division. Prior to DWWC, Michael was a product manager with Citicorp and a computer programmer for Republic National Bank.
http://michaelg.multiply.com

David Hersh Vice President of Business Development
David is in charge of project and product management, as well as business development. Prior to Multiply, David was Vice President of Fantasy Sports for SportsLine.com. Before joining SportsLine, David handled business development efforts at DWWC. Prior to DWWC, David worked as a consultant for American Management Systems and as a software developer for IBM.
http://dave.multiply.com

Board of Directors

Peter Pezaris Founder and CEO of Multiply

Shin Nagakura Executive Vice President, Transcosmos Investments
Shin was a founding member of Transcosmos Investments' Silicon Valley Office, and has more than 15 years of experience in investments, business development and sales/marketing in the US, Japan and China. His investments/Joint Venture projects include AskJeeves, NetRatings, Listen.com and Mysimon. Prior to Transcosmos, Shin served with Recruit Co. Ltd., Japan's largest publishing and Internet media and marketing services power house.
More about Shin

Jason Whitt Principal, VantagePoint Venture Partners
Jason focuses on digital media / Internet, software & services, and consumer-oriented technology investments at VantagePoint. In addition to Multiply, he currently serves on the boards of ReachLocal, Zvents, FanIQ, and Widevine. Prior to VantagePoint, he was responsible for acquisitions, venture investing, and corporate strategy for Cisco Systems' Corporate Development group, where he led numerous transactions involving communications, wireless, Internet, and consumer technology companies. Before Cisco, Jason served in product management for Xros (acquired by Nortel Networks), and was part of the founding team of Transvascular (acquired by Medtronic). He has engineering and MBA degrees from Stanford University.
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Lee Hower Principal, Point Judith Capital
Lee joined Point Judith in 2005 and focuses on internet & digital media companies. In addition to Multiply, he is involved with Point Judith's investment in Music Nation and Sittercity. Prior to becoming a VC, Lee was one of the co-founders of LinkedIn and an early employee of PayPal.
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Claudio Pinkus
Claudio is an angel investor and consultant to the Internet industry, assisting companies such as Univision Communications, TransCosmos, Inc. and Ask Jeeves. Previously, he served with Ask Jeeves as Chief Strategy Officer, as well as President of the company's Business Solutions division. Claudio serves on a number of boards in addition to Multiply, including RevCube and WorldLinks, among others.