Mr. Donahue has a comprehensive finance and strategy background in start-up and privately-held companies in North America and Europe. He also has extensive international finance experience with Fortune-100 companies and privately held companies in Asia-Pacific, Europe, Russia and the CIS, Africa, Latin America and North America.
Prior to joining Ostendo Technologies in Carlsbad, CA, as CFO in October 2011, Mr. Donahue was CFO of EMN8, Inc. in San Diego, a 2010 Red Herring North America 100 and Global 100 company whose investors include Allegis Capital, Global Retail Partners, Sid R. Bass Associates, Sequoia Capital and Steamboat Ventures. EMN8 designs, manufactures, sells and services self-service ordering and payment hardware and software for the retail and hospitality industries. Previously, he was acting CFO of SKY MobileMedia, Inc. in San Diego, a wireless applications software platform company funded by Enterprise Partners and Sid R. Bass Associates, and CFO of Accordent Technologies, Inc. in Hermosa Beach, a venture-backed enterprise media management solutions company acquired by Polycom.
Mr. Donahue also was CFO of Castify Networks S.A. in Sophia Antipolis, France, a content net-working and delivery software company funded by Swiss, Italian and UK venture capital firms acquired by Omneon. Prior to Castify, he was co-founder and Senior Vice President – Finance of AduroNet Ltd. in London, a pan-European IP-VPN company funded by US and European venture capital firms and institutional investors.
Mr. Donahue also was Vice President – Corporate Development for Global TeleSystems Group in London (pre- and post-IPO), and CFO of the Russian Telecommunications Development Corpor-ation in Moscow. Prior to entering the technology and telecommunications sector, Dr. Donahue spent 3 years with W.R. Grace & Co. in Florida and Hong Kong and 14 years with Union Carbide Corporation in various overseas locations, New York and Connecticut.
Mr. Donahue has completed over $250 million of funding for early and late stage start-up companies since 2000, including venture capital financing, equipment lease financing, working capital financing and bridge financing. He also completed over $300 million of institutional and sovereign financing for emerging growth companies and over $2 billion in various types of debt and equity financing for public multinational companies. His financing transactions include an IPO in Sri Lanka, project financing in China, Islamic funding across Asia-Pacific, bridge financing in India, fixed asset, institutional equity and working capital financing in Russia, and export financing in Africa. He also has an extensive global mergers, acquisitions and divestitures background. He has served on the Board of Directors of public companies in Australia, India, New Zealand and Sri Lanka.
Mr. Donahue holds Ph.D. and M.Sc. degrees in Economics from Florida State University and a B.A. in business from the University of South Florida. He also attended the Executive Program (SEP) at Stanford University's Graduate School of Business. He is a member of the International Advisory Board of the School of International Relations and Pacific Studies (IR/PS) at the University of California, San Diego. He and his wife, Gail, are founding members of the IR/PS 21st Century China Program, a leading research and educational center dedicated to the study of contemporary China and emphasizing interactive as well as scholarly engagement with China.