"Our personal and professional lives have gone digital; we live, work and play in cyberspace. It’s a global commons where billions of people are linked together to exchange ideas, services, and friendship. If the value of this new global commons is about sharing, then its currency surely must be about trust."
inBay Technologies Inc. delivers a convenient, safe and secure access to enterprise services and applications. The company’s idQ Enterprise is a unique and innovative SaaS that eliminates the need for user names and passwords. The idQ Enterprise is a highly reliable and scalable mutual identity assurance platform. It enables companies of all types and sizes to employ leading edge ‘passwordless’ authentication and real-time authorization solution.
Our Board of Directors
Shane brings over two decades of passion, leadership, knowledge and experience as a successful technology innovator, entrepreneur and business executive. Among other companies, Shane co-founded Spotwave Wireless Inc., a venture backed tech start-up dedicated to the vision of ubiquitous wireless connectivity. At Spotwave, Shane successfully led the efforts to secure over $35 million in financing, both debt and equity, while guiding the company through its start-up, product and market launch and early revenue growth phases—achieving the $10 million revenue milestone within 3 years and establishing Spotwave as a technological and market leader in the rapidly emerging in-building wireless sector. A goals driven, opportunity-focused, hands-on tech industry veteran, Shane has a proven track record of cultivating and building innovative, new technology-based products and ventures for new and emerging markets.
President & CEO
Chairman of The Board
David is a visionary, innovator and calculated risk-taker with expertise in creating and leading new business ventures. He is a former Nortel executive, where amongst many achievements he nurtured the development of Entrust, a pioneer digital security company, leading to its $700+ million IPO. David actively engages in executive mentoring and advising Canada's leading researchers in the futures of cyber-security, web network evolution and the rapidly changing market of smart web based applications. David is the Chair of several not for profit organizations and is an honorary member of the Canadian Association for the Advancement of Science.
Stan Xavier, P.Eng., C.Eng.
Stan, a co-founder of inBay Technologies, is a former Director of Advanced Technology at Nortel Networks. Throughout his career, he has managed major R&D and product commercialization initiatives, as well as university interaction programs in Canada, the US and UK. He has also served as CEO for early stage companies.
Dr. Paul Russo
Paul is the founder and Chairman of GEO Semiconductor, in Silicon Valley, and a director of Illuminati, Thrive, Semplus, Dynamount and WOO Sports. Prior to GEO, Paul founded Silicon Optix and, prior to that, Genesis Microchip which had a NASDAQ IPO and reached a multi-billion-dollar valuation (acquired by ST Micro). He holds 8 patents, is a member of the Band of Angels, a recipient of the IEEE Centennial Medal and an advisor to institutional investors.
Peter Nadeau, ICD.D
Peter is a governance expert experienced with publicly traded, privately held and not-for-profit companies. He is a business lawyer with 25 years of experience in mediation, negotiations, transactions including financings, international M&A and in-house legal department management. He was Vice President, General Counsel and Corporate Secretary at Newbridge Networks Corporation from 1990 until its acquisition by Alcatel in 2000. Next, Peter was the General Manager, Eastern Ontario for Desjardins Venture Capital Group. Peter is currently the Chair of the Board of Directors of Communication Technologies Credit Union and the Chair of the Algonquin College Board of Governors.
Milan is a driven entrepreneur with more than 30 years’ experience in insurance and finance with TK Financial Group, as the founder, President & CEO and as the founder of Inner Orbis Inc. consulting firm. He has a depth and breadth of expertise in fields of risk management, business exit strategies and M&A. Milan's varied board experience includes Camelot Golf Club and University of Ottawa Heart Institute as a Foundation board member.