Mohan Ananda

Mohan Ananda was the founding Chairman, CEO, and President of Stamps.com (Nasdaq: STMP) and he currently sits on its Board of Directors. Stamps.com is the leading provider of Internet-based mailing and shipping solutions and was the first ever USPS-licensed vendor to offer PC Postage® in a software-only business model. Stamps.com utilizes technology developed by Dr. Ananda that is protected by a number of U.S. patents. Dr. Ananda was instrumental in raising more than $450 million of capital for the company through private and public offerings.

Dr. Ananda was also the founder and director of a European-based venture capital firm, JAB Holdings Ltd. JAB Holding's capital was raised through a public offering in the Alternative Investment Market of the London Stock Exchange in the United Kingdom. Dr. Ananda was responsible for JAB Holdings' investment in RM Auctions, a company that is active in auctions of high-value automobiles.

Dr. Ananda was also a founder of Envestnet (NYSE: ENV), which is a leading provider of integrated portfolio, practice management, and reporting solutions to financial advisors and institutions. Dr. Ananda served on the Board of Directors of Envestnet for a number of years. He is also Chairman and CEO of Ananda Enterprises, Inc. a California-based firm that provides technology and management consulting services. Dr. Ananda has been a partner in the law firm of Ananda & Krause and has been licensed to practice law in California since 1986.

Dr. Ananda also had an illustrious aerospace career, which has included working for NASA's Jet Propulsion Laboratory and for the Aerospace Corporation, a civilian U.S. Air Force think tank dedicated to that military branch's space programs. Dr. Ananda was a primary architect of the development of the Global Positioning System (GPS) for the U.S. Department of Defense. He has published scientific papers in various prestigious scientific journals and holds a number of U.S. and foreign patents.

He currently sits on the boards of a number of companies and works very closely with the investment community, including investment banks and venture capital firms. Dr. Ananda is also the Chairman and CEO of the Ananda Foundation, a charitable organization.

Dr. Ananda obtained his Doctorate degree from the University of California at Los Angeles (UCLA) in Astro-dynamics and Control. He obtained his Juris Doctor degree from the University of West Los Angeles. He received his Master's of Science degree in Aeronautics from California Institute of Technology in Pasadena and his Bachelor's of Science degree with honors in Mechanical Engineering from the Coimbatore Institute of Technology in Coimbatore, India.