http://www.accel.com/bio/kevinefrusy.php Kevin joined Accel in 2003. He served two stints as an Entrepreneur where he started Corio, an ASP/SaaS pioneer which went public on Nasdaq and was acquired by IBM in 2005. Later he built and served as the first CEO of IronPlanet, an online marketplace for heavy equipment with current annual gross sales over $500M. Kevin focuses primarily on two areas for investment: consumer internet services and SaaS/open source software. Within consumer services, he serves on the boards of Groupon, BranchOut, Metacafe, Medio Systems, and Mig33. He also sourced Accel's investment in Facebook. Within SaaS/open source software he serves on the boards of Couchbase and Terracotta. Prior boards and investments include Xensource (acquired by Citrix for $500MM), SpringSource (acquired by VMWare for $450MM) and BBN Technologies (Acquired by Raytheon). He has an MBA, MSEE, BSEE, and BA Econ degrees from Stanford.