Sereda Named Active Video Networks CFO


San Jose, Calif. - Brian Sereda, formerly Virage Logic chief financial officer and finance VP, has been named chief financial officer of

ActiveVideo Networks

, developers of the CloudTV app platform.

Sereda, who has more than two decades of financial management experience in Silicon Valley, most recently helped Virage Logic through its successful acquisition by Synopsys.

He has held senior financial roles in a number of other market areas, including software, semiconductors, networking equipment and CE devices.

"Brian comes to ActiveVideo with a lifetime of experience in the finance of rapid growth technology ventures," said Jeff Miller, ActiveVideo Network president and CEO.  "Brian's financial expertise coupled with his operational acumen and passion for the changes occurring in the video delivery market makes him the ideal choice for ActiveVideo as we scale our company to serve the expanding market."

 Prior to his tenure with VirageLogic, Sereda had spent two years as chief financial officer and treasurer at Proxim Wireless.

Sereda also served as VP of finance and corporate controller for Portal Software, and has held senior financial management positions with Credence Systems, Handspring, Sygen International and Lam Research.


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