Tom has been a leading entrepreneur in the computer and financial data industry for more than three decades, during which time he has founded seven successful high-technology companies, and influenced the success of several more. His first company, Applied Logic, an early provider of Managed Hosting Services, was acquired by Raytheon in 1980. He next founded XNET, which built the first fully automated financial futures and commodities exchange (INTEX) in Bermuda. XNET was acquired by the International Futures and Commodities Exchange in 1984.
Following XNET, Mr. Saleh founded American Real Time Services (ARTS), which developed and operated market data, trading and information delivery networks for many large financial services firms including Citibank, Prudential Securities, AG Edwards, Charles Schwab, SG Cowen, McDonald Securities, and Fidelity
Investments. ARTS was acquired by Reuters in 1993, where Mr. Saleh held the title of Senior Vice President of New Business Development. In 1997 he founded NetworkTwo which acquired ADP’s network assets and at that time was one of the largest ISPs in the US. Network Two was acquired by McLeodUSA in 1999. In 2001
Tom founded Erevu to develop a Policy driven Virtual Machine based compliance and security product. Erivuwas acquired by Aladin Systems which became part of Br
His research on Policy Driven Security and Cloud Computing technologies led to the formation of FlexiSphere a company specifically focused on delivering highly mana
ged and ultra-secure turnkey computing to selected verticals including; financial services, legal and transportation. Tom continues as FlexiSphere’s President and
CEO. In 2014 Tom became a founding member and chairman of BLUE Technologies the first exchange focused on the trading of Private Placements through established
Financial Intermediaries. Tom continues as BLUE’s Non-Executive Chairman.
In addition to founding successful companies, Tom has served as a strategic consultant and senior adviser to NASDAQ, the NYSE, the FASB, Safeway Supermarkets among others. He has served as a director of 6 venture backed companies and advises several private equity funds. return