DON SCIFRES

Managing Director, SDL Ventures, LLC

Chairman, SDL Capital, LP

Don Scifres received a BSEE degree from Purdue University, and M.S. and Ph.D. degrees in Electrical Engineering from the University of Illinois. He then joined the Xerox Palo Alto Research Center to set up a new laboratory for the study of semiconductor lasers and light emitting diodes. While at Xerox, Don held positions of Manager of Optoelectronics and Xerox Research Fellow. Don holds over 140 U.S. patents and has published over 300 technical articles including contributions to the books Molecular Beam Epitaxy (Pergammon Press, 1980) and Diode Laser Arrays (Cambridge University Press, 1994). Among other contributions at Xerox, Don and his colleagues developed very high power semiconductor laser arrays leading to the founding of SDL, Inc., (formerly Spectra Diode Laboratories, Inc.) in 1983. Under his direction as CEO and Chairman of the Board, SDL, Inc. became one of the fastest growing companies in the fiber optics and optoelectronics industries.

In February 2001, SDL, Inc. merged with JDS Uniphase Corporation. At the time the merger was announced in July 2000, SDL, Inc. had grown to approximately $500 million in sales, with over 2,000 employees in eight locations worldwide. SDL's market cap was $41 billion, making the merger the largest technology deal ever done at that time. Don was Co-chairman of the Board of JDS Uniphase Corporation, and Chief Strategy Officer, and in charge of Mergers and Acquisitions.

In February 2003, Don left JDS Uniphase and founded SDL Ventures, LLC and SDL Capital, LP, investment companies based in Los Altos, California.

Don has been awarded the IEEE Jack Morton Medal, the IEEE Robert Noyce Medal, the IEEE Third Millennium Medal, the IEEE John Tyndall Award and the IEEE LEOS Award for Engineering Excellence. He also received the Optical Society of America Edward H. Land Medal, the American Physical Society George E. Pake Prize, the Rank Prize from The Rank Foundation, and the Eminent Member Award from Eta Kappa Nu National Honor Society. In 2018, Don received LIA’s Arthur L. Schawlow Award and became a Life Member of LIA. Don is an elected member of the National Academy of Engineering and a Fellow of IEEE and the Optical Society of America and has served on the IEEE-HKN Eminent Member Committee. He is Past President of the Lasers and Electro-Optics Society of IEEE and has served as a member of the LEOS Board of Governors for a number of years. Don also served as President of LEOMA, the Lasers and Electro Optics Manufacturers Association. He is on the Board of Directors of several non-public companies.

MIKE FOSTER

Vice President, Partner

Mike Foster has held key senior financial management and planning roles over the past thirty years in four successful Silicon Valley companies. Mike is particularly good at modeling financial business issues quickly and in depth so that decisions can be made with confidence. He has proven to be highly effective as a key advisor and partner to entrepreneurial leaders, especially technologist founders.

In 2001 and 2002, Mike was Vice President, Finance at JDS Uniphase, leading the finance and planning for JDS Uniphase's restructuring program and helping to guide JDS Uniphase's investments in its industry consolidation.

From 1998 to 2001, Mike was Chief Financial Officer of SDL, Inc. During his tenure, SDL's executive team was extraordinarily successful in managing rapid growth; revenue grew by a factor of eight, operating margins tripled, operating cash flow increased by 18X and the stock price soared by 80X. Mike also led the integration program of SDL, Inc. into JDS Uniphase.

From 1979 to 1998, Mike led the treasury, planning and corporate development functions at California Microwave, which grew by a factor of over ten. During his nineteen years at CMI, Mike completed just about every type of financial transaction needed by a small or medium size company. He structured CMI's start-up investments in several ventures and served as the principal advisor to the founders, including two subsidiaries which grew to represent the majority of CMI's market value in the 1990s.

Mike holds two degrees from Stanford, an AB in Economics (1968) and an MBA (1973).

Mike Foster left SDL in 2024 but continues to consult for the company.