Mr. Philip Sanderson served as Managing Director at Ridge Ventures. He served as General Partner at Walden Venture Capital. He joined IDG Ventures USA as a managing director in September 2006. He was responsible for WaldenVC investments in VitalStream (VSTH), Bamboo.com (IPIX), NIKU (NIKU), Sina.com (SINA), Adknowledge and People3 (IT) and IDG Ventures investments in Funzio (GREE). Phil served on the boards of TuneUp Media, Simply Hired, Telltale Games, Vivox and Midverse and lead investments in Root Music, Leap Commerce and Iddiction. Prior to WaldenVC, he worked as an investment banker in Robertson Stephens' New Media and Information Technology Groups. At Robertson Stephens, Phil managed initial public offerings and mergers and acquisitions assignments for CBT Systems, Computer Learning Centers, Electronic Arts, Fritz Integrated Logistics, Spectrum HoloByte, Sierra On-line, and Vantive, among others. Prior to Robertson Stephens, he worked in Goldman Sachs' corporate finance group. Phil has also founded and operated three companies in the retail, non-profit, and manufacturing industries. He is also a Co-Chairman/Founder of the VCNetwork and the YVCA; two non-profit organizations consisting of over 1,000 venture capitalists in Silicon Valley. Each year Phil manages social networking events which include the participation of 50% of the Valley's General Partners. In addition, Phil serves on the Board of the Western Association of Venture Capitalists (WAVC) and is the CFO. He served as Board Observer at Kixeye. Phil received his Master of Business Administration with Honors from the Harvard Graduate School of Business and earned his Bachelor of Arts in Economics with Honors from Hamilton College. Phil is also a board member at nWay Inc.