Austin Erlich
Austin Erlich is an investor, co-founder, and CEO of Quovera. Quovera was a SystemsIntegration, Management Consulting, and Cloud Computing Company.Austin provided initial funding to capitalize the company.It achieved profitability after three months of operations and was cash flow positive by end of year one. Quovera doubled revenue annually for the first six years of operation ($1M year one-$87M year six).The company raised $27M in a seriesA Mezzanine Round of funding in preparation for an IPO in the fall of 2000. Unfortunately, market turbulence precluded the company’s filing. Prior to founding Quovera, Austin ledOracle’s largest Applications consulting practice, hewas Director of Information Technology at Oracle, served as an AssociateVice President at Prudential Bache Securities, was Scientific Code Consultant at theJohn Von Neumann National Super Computer Center at Princeton, and was Staff Physicist at Princeton Plasma Physics.Austin holds a degree in Computer Science and Physics from Rutgers University. He is a Board member of the Palo AltoFamily YMCA and the Palo Alto Little League