Dan Benderly Email & Phone Number

Metuchen, NJ, US

New Brunswick, NJ, US

• Support the creation, development, and funding of start-ups based on Rutgers intellectual property. Rutgers' annual R&D budget exceeds $900M.
• Support faculty, students, and outside entrepreneurs to launch and build startup companies to commercialize innovation based on Rutgers research and intellectual property.
• Work with teams from conception stage through market analysis, entrpreneurial training, business plan development, licensing, and fundraising.
• Mentored >30 teams leading the founding of >10 companies. Startups successfully raised >$20m in financing.
• Participated as an observer on startup Boards of Directors and at Shareholder meetings.
• Represent Rutgers Office for Research in the NSF NorthEast Regional I Corps hub, including serving as an Adjunct Instructor

New Brunswick, NJ, US

• Responsible for protection, marketing and licensing of inventions, software and content created by University researchers, professors, and staff.
• “Cradle to grave” responsibility for >175 individual innovations, including analyzing for patentability and copyright protection, managing patent prosecution, determining market viability, marketing, and licensing.
• Filed >60 patent applications; Completed >20 licenses and options, including 5 startups
• Member of the leadership and teaching team for Rutgers NSF I Corps site program. Taught and mentored >60 faculty, student and community teams using the Lean Startup methodology.

Elected in 2008. Current term ending in 2023.Served as President 2018-2019.

Provided strategic consulting services for small companies. Projects include software, telecommunications, healthcare and higher education industries.

Princeton, New Jersey, US

• Joined leadership team focusing on strategy and partnership for a start-up offering innovative platform uniquely closing the marketing loop via consumers’ mobile phones.
• Negotiated partnership and sales proposals and contracts resulting in first commercial revenues
• Developed fundraising strategies and materials for first institutional investments

New York, NY, US

• Hired to develop strategic partnership capabilities for the College Board, with a focus on the educational technology space.
• Generated and nurtured relationships with technology innovators. In coordination with CB program staff, identified prospects, validated efficacy using CB data/pilots, addressed operational requirements, negotiated.
• Led long-term technology strategy process, incorporating input and driving consensus across the organization’s programs and divisions to produce a coherent vision of desired capabilities and prioritization..
• Developed a partnership framework for how College Board would engage with partners, streamlining processes and formalizing cross-functional collaboration.

Hoboken, New Jersey, US

• Responsible for Strategic Development, including partnerships and Merger & Acquisition activities, for the Actimize business unit (providing financial crime mitigating software to financial institutions), as well as.
• Led annual strategic planning process for Actimize business unit, reviewing all operations and growth initiatives.
• Conducted buy-build-partner evaluations and executed on strategic partnerships resulting in new products based on OEM relationships.
• Conceived and evaluated numerous M&A opportunities; led execution of the acquisitions of Merced, Inc., and RedKite Ltd., totaling more than $165 million, including strategic rationale, business modeling, negotiations.

Hoboken, New Jersey, US

Led initiative to bring to market product offerings combining capabilities of Actimize and NICE, its parent company. Engaged with customers, identified and developed product offerings and go to market strategies and trained sales force for offerings through both Actimize and NICE.

Round Rock, Texas, US

• Headed Corporate Development and Strategy processes for RSA’s largest business unit, Identity and Access Assurance.
• Led annual Strategic Planning process, resulting in an accepted long term strategic direction for the business unit integrating legacy and new capabilities
• Identified strategic growth opportunity and led M&A process resulting in acquisition of Verid, Inc. by EMC in June 2007. Evaluated a number of other M&A opportunities.
• Key member of Verid-RSA integration team. Responsible for all Verid business development activities, including transitioning key relationships and partnerships.
• Supported Product Management in negotiating and closing key product and GTM partnerships as well as product line divestitures.

Responsible for strategic partnerships for the division, including technology and revenue driven relationships. Drove strategy for expanding existing footprint as well as new product offerings

• Responsible for strategic alliances for the premier innovator of SAAS-delivered consumer authentication and anti-fraud solutions to protect financial institutions’ on-line presence.
• Initiated partnership discussions with RSA Security that ultimately led to the sale of Cyota to RSA for $145 million in December 2005.
• Evaluated and negotiated with strategic technology partners for market alliances and/or inclusion into the company’s offerings.
• Pioneered new channel model resulting in access to thousands of additional prospects. This channel ended up providing over 25% of revenue for relevant offerings.
• Participated and spoke at industry forums and projects; assessed strategic impact of trends on business direction.

GB

Co-founded a merchant-banking and consulting firm focused on undervalued telecommunications and emerging homeland security businesses.

• As part of founding trio, managed all aspects of start-up wireless data operator offering business-to-business communications and security applications in Latin America and Asia
• Led market development and partnering activities, resulting in (i) acquiring an exclusive licensing for innovative Israeli wireless technology and (ii) the establishment of strategic joint ventures in Argentina.
• Co-led team structuring and closing four equity financings totaling over US$40 million.
• As part of founding group, recruited and supervised key management teams including finance, accounting, legal, marketing, technology and operations in eight countries.
• Closed sale of Global Wireless Holdings, Inc. to technology partner.

• Led corporate development activities for a rapidly growing US based provider of telecommunications services in emerging Europe. Public market capitalization exceeded $2 billion at my departure.
• Responsible for evaluating, structuring and negotiating joint ventures and acquisitions with local partners. Completed transactions included the expansion of the second largest and most profitable domestic and.

Involved in all aspects of creating and building a locally managed satellite communications network service company, including business planning, marketing, and financing.Assigned as part of a volunteer program run by a consortium of business schools designed to provide management expertise to companies in post-Communist Central and Eastern Europe.

Mba, Management, Finance, Marketing

Be, Electrical Engineering