Our Team
Ray Stata, Chairman
Mukesh Chatter, President and CEO
Rohit Goyal, VP, Engineering
Bob Watterson, VP, Institutional Partnerships
Ray Stata, Chairman
Ray Stata is a co-founder of Analog Devices, Inc. (ADI), where he served as chief executive officer
and now serves as chairman of the board. Upon his retirement as CEO, Stata began funding and
directing new start-up ventures.
Mr. Stata has been an investor and board member at Nexabit Networks, a backbone router company;
Libit, an Israeli cable modem company; and Epicon, a software distribution company. More
recently, Stata was involved with Axsun, OmniGuide, TransChip, NeuroLogica, Deploy Solutions and
Passave, a PON company located in Israel.
Mr. Stata stays active in the high tech industry and in public service. He is a founder and the first
president of the Massachusetts High Technology Council and is currently a member of MHTC's board
of directors. He is also a founder of the Center for Quality of Management and served as its
chairman until 2006.
Mr. Stata holds a B.S. and M.S. in electrical engineering from MIT, is chairman of the Visiting
Committee of the Department of Electrical Engineering and Computer Science and a member of MIT's
executive committee. In 1984 he was elected a member of the MIT Corporation and now serves as a
life member.
Awards
1990 Elected to the American Academy of Arts and Sciences
1992 Elected to the National Academy of Engineering
1996 Named Foreign Fellow of Indian National Academy of Engineering
2001 Recipient of the SIA Robert M. Noyce Award for Leadership
2003 Recipient of the IEEE Founders Medal
Publications
Co-author, Global Stakes, Ballinger Press 1982
Co-author, The Innovators, Harper & Rowe, September 1984
Honorary Degrees
Doctor of Engineering - Northeastern University, June 1981
Doctor of Business Administration - Curry College, May 1983
Doctor of Humane Letters - University of Lowell, June 1984
Doctor of Engineering - University of Limerick, November 1994
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Mukesh Chatter, President and CEO
Mukesh Chatter has extensive entrepreneurial and management experience in launching and
managing high-technology companies. In 1997, he founded Nexabit Networks, a highly
successful terabit switch/router company which was acquired by Lucent Technologies
in July of 1999. A noted systems architect, Chatter invented the innovative,
scalable, terabits per second switching fabric technology. Prior to Nexabit's
acquisition, Chatter served as the company's president and CEO. He subsequently
served as vice president and general manager of IP products at Lucent Technologies.
Prior to Nexabit, Chatter worked with the design and development of networking
equipment and supercomputers, and holds several patents in these areas. In 2000, he
founded Axiowave Networks, Inc. and served as its president and CEO. Chatter has also
served as a general partner at NeoNet LLC, an investment firm focused on
out-of-the-box innovative ventures including energy efficiency, Internet applications,
and medical equipment.
Chatter was chosen as one of the top ten entrepreneurs in 1999 by the Red Herring
magazine. He was also named Rensselaer Entrepreneur of the Year 2001. He has received
similar coverage in numerous prestigious publications over the years.
Chatter currently serves on the boards of MachFlow, Inc. and neoSaej. He is also on the
advisory council of Lally School of Management at Rensselaer Polytechnic Institute.
He holds a master's degree in computer and systems engineering from Rensselaer Polytechnic
Institute in Troy, New York.
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Rohit Goyal, Ph.D., Vice President, Engineering
Dr. Rohit Goyal brings extensive experience in software engineering and product development to
neoSaej. Before co-founding neoSaej, he was director of engineering at Enterasys Networks,
a secure networks company. Prior to Enterasys, he was director of software at Axiowave
Networks, an innovative telecommunications startup. He also held engineering leadership
positions at Nexabit Networks, which was acquired by Lucent Technologies.
Dr. Goyal has published over 20 papers in journals and at conferences, and has extensively
contributed to standards in Internet protocols. He has served as guest editor of IEEE
Communications Magazine special issues, and on several conference and review panels
including the NSF Small Business Innovative Research program. He has one patent awarded in
networking and three patents pending.
Dr. Goyal has M.S. and Ph.D. degrees in computer science from Ohio State University, where
he received both university and presidential fellowships. He holds a B.S in computer
science from Denison University.
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Bob Watterson, Vice President, Institutional Partnerships
After beginning his career in sales and sales management at Procter and Gamble, Bob Watterson moved to the banking industry in 1983 and worked for a PMI (Private Mortgage Insurance) company in the mortgage industry for 2 years.
In 1985, he founded First Financial, a mortgage company headquartered in the Boston area, where he originated mortgages with an innovative approach through corporate employee benefit programs. Later, the firm added a traditional mortgage sales force and originated loans throughout all of New England. In 2001, the firm was sold to the mortgage banking subsidiary of Staten Island Bank, where Watterson served as senior vice president and consultant through 2004.
Watterson has served on numerous mortgage industry boards, including the FMNA national advisory board, and Countrywide and GMAC/RFC wholesale advisory boards. He has been active in the mortgage industry and regulatory affairs, and has served as a board member and board chairman of the Massachusetts Mortgage Bankers Association. He was also a member of the Board of Governors of the Mortgage Bankers Association of America.
Watterson graduated from Dartmouth College in 1979 with a Bachelor of Arts degree.
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