Bob Fabbio is known as a visionary and successful serial entrepreneur. He founded and built multiple industry-leading healthcare and technology companies by identifying large emerging markets; gaining intimate knowledge of market needs; challenging conventional wisdom; and bringing targeted, innovative solutions to those markets.
Bob has functioned as a chief executive officer, board director and venture capitalist for over 25 years, with notable experience launching, funding, growing, and managing innovative and category-creating companies. He has had a transformational impact on the software, systems technology and healthcare industries, resulting in the creation of over $1.5 billion of shareholder value at time of exit.
In recognition of his success in building world-class businesses, Bob was awarded the Ernst & Young Entrepreneur of the Year Award in 1997 and later served as a chairperson and a judge for the Austin and national E&Y awards. Bob was recognized in the 1999 Digital South Magazine list of “Most Influential People In the South’s New Economy,” 2002 Forbes Midas List of the “Top 100 Technology Venture Investors (technology’s top 100 deal makers),” and the 2013 Rochester Institute of Technology Innovation Hall of Fame, to name a few.
Prior to eRelevance Corporation, in 2006, Bob left the technology industry to focus on healthcare and launched WhiteGlove Health, where he uniquely applied his technology background to address the many challenges found in the healthcare industry today. Prior to WhiteGlove Health, Bob spent nearly six years in the venture capitalist industry with Austin Ventures, as a venture partner, and with TL Ventures, as a managing director. While in the venture industry, he had a very strong track record. He co-founded Ventix Systems, which later merged with Motive Communications and went public. Bob also lead the incubation and funding of Agere Systems, which was acquired by Lucent Technologies for $415M. He was an early investor and board member of Rubric, a company that lead the creation of the Enterprise Marketing Automation category and was sold to Broadbase for $366M. In 1993, Bob founded DAZEL Corporation, which quickly became the acknowledged market leader in Output Management, before being acquired by Hewlett-Packard. In 1989, Fabbio founded Tivoli Systems and was the catalyst for what became one of the largest software categories in the world, Enterprise Systems Management. In 1996, after a successful IPO, Tivoli was acquired by IBM. In addition, Bob has held senior technical and executive management positions with Cesura, VIEO, IBM, Prime Computer, Applix, and Kodak. He also served on Rochester Institute of Technology’s board of trustees.
Bob received a B.A. in chemistry/computer science from SUNY at Potsdam and an M.S. in computer science and technology from Rochester Institute of Technology.