Executive Team

Palle Pedersen, Founder & Managing Director
Valérie Frayssé, Chief Scientist
Steph Richardson, Chief Architect
Ashesh C. Shah, Managing Director
 
 

Palle Pedersen, Founder & Managing Director

Palle Pedersen is an entrepreneur and executive with 20 years experience in bridging the gap between business and technology, successfully launching new businesses in a variety of business areas using a wide range of applicable technologies. He is the founder of Kvasar technology and is currently involved with a number of smaller companies - in roles ranging CTO of a stealth mode venture, coach at Star Street, and advisor to Black Duck Software.

Previously, Palle served as the Chief Information Officer of RealCME, where he led the creation of RealCME's suite of online applications which allow medical education providers to create unique, collaborative, virtual patient-based CME programs and curricula. He created the launch strategy and led the team to take the company from product concept to first customer launch in 5 months, enabling a rapidly growing business which generated more than $1MM during the first year of operation.

Prior to RealCME, Palle served as CTO at Black Duck Software where he led the creation of the flagship product protexIP for the management of development with Open Source from idea to launch, and created the patent strategy and was author of patents with more 200 claims. He was instrumental in growing the company from an idea to the leader in managed use of open source and third-party code (Red Herring 100, SD Times 100) with 100 employees, over $30MM investment from VCs and industry leaders (Intel, SAP, Red Hat), and rapidly growing revenue from 100+ blue chip customers in 20+ countries

He has served as CIO of Wallaware (Wireless Top 10 by Wireless Internet Daily), which developed server software for wireless carriers and CTO of Justa Technology, which built scalable software for network based applications. He helped launch the online health media company Healthology (acquired by iVillage/NBC Universal), where he served as the initial CTO. He was also founder and Managing Director of Spydre LLC, a venture catalyst, where he served as an executive, established the technology strategy, and led development projects for associated companies. Prior to Spydre, he was Vice President of Product Development and CTO at Integrated Computing Engines, Inc. (acquired by Media100), where he was responsible for the technology strategy and the creation of Integrated Computing Engines' high-performance parallel processing architecture.

Earlier in his career, Palle created new parallel algorithms and designed parallel compilation techniques exploiting multi-level memory hierarchies at Thinking Machines Corporation (acquired by Oracle). While at Thinking Machines, Palle achieved multiple world record benchmarks.

Palle started as an entrepreneur by creating a repair shop for radios, TVs, and computers at the age of 12. He holds a graduate degree in Electronics Engineering from Danish Technical University, where he graduated first in his class. back to top

Valérie Frayssé, Chief Scientist

Valérie Frayssé is a software architect with 20 years experience in cutting-edge computer technologies and specializes in the development of new software products for start-up companies, in challenging conditions when production costs and time-to-market are extremely critical and the product is not fully defined. She is currently the principal Software Architect consultant at RealCME, where she has been leading the development of an e-learning and authoring platform for the medical industry from the beginning.

Previously, Valérie Frayssé has been a consultant for Black Duck Software where she played an Instrumental role in the creation and engineering of the first and flagship product ProtexIP, a software compliance and intellectual property management system.

Prior to her work at Black Duck Software, Valérie Frayssé has been involved in core development for several start-up companies in various technological areas including payment processing, wireless communications and content distribution. Valérie Frayssé, Ph.D. drove the design and development of the natural language-based wireless proxy technology while at Wallaware, Inc,. Dr. Fraysse's previous efforts at Justa Technology Co included the architectural design and development of several highly scalable, dynamic content internet ASPs, and the world's first dynamic content caching system.

Previously Dr. Frayssé spent 8 years at the Parallel Algorithms Group at CERFACS (European Center for Research and Advanced Training in Scientific Computing). Dr. Fraysse is author of numerous scientific publications including the book Lectures on Finite Precision Computations published by SIAM in 1996. Areas of expertise include high-performance parallel computing, distributed data and applications, and large-scale parallel data management. Dr. Fraysse received in 1992 her Ph.D in Computer Science and Applied Math, Dissertation: Reliability of Computer Solutions. back to top

Steph Richardson, Chief Architect

Stephen Richardson is a versatile software architect with over 8 years experience in both the professional services and product spaces, and across a broad range of technologies. Before founding Kvasar he was the Chief Architect at Wallaware Inc, leading the development of the core technology platform. Previously Mr. Richardson worked at Prospero Technologies, a provider of customizable high-volume on-line community services, as an architect mapping product visions to a technology roadmap. He also spent four years with the professional services firm i-Cube / Razorfish as a lead architect on many projects, including multi-year, multi-million dollar custom development efforts for the DOD. Mr. Richardson holds a Bachelors Degree in Economics from University College Dublin, and a Masters Degree in Computer Science from The University of Ulster.  back to top

Ashesh C. Shah, Managing Director

20+ years industry expertise founding and managing technology and Internet start-ups from the early stage through IPO; key executive positions held at several technology companies including Spydre, Justa Technology, Prospero Technologies, I-Cube, Integrated Computing Engine, and Cambridge Technology. back to top

 

 

 


 

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