Overture Networks, which develops multi-service products for metro networks, has named former Silicon Valley investor and executive Jim Mongiello to the its board of directors.

Mongiello, a veteran of the telecommunications industry for 35 years, will advise Overture as an independent board member.

As a venture partner with Brentwood Venture Capital and Redpoint Ventures, Mongiello helped develop numerous investments, including Lightera Networks (acquired by Ciena) and TransMedia (acquired by Cisco).

Previously, Mongiello was president and chief executive officer of OnStream Networks, a TDM/ATM network access company that was acquired by 3Com for $254 million in 1996. Prior to that, he was president and CEO of Larscom, a provider of integrated WAN and Internet access solutions.

Additionally, Mongiello held a variety of senior management positions at networking companies including GDC, Timeplex and Doeltz Networks.

“Jim is widely recognized for his technical expertise and vision in leading start-up companies to successful IPOs and acquisitions,” Jeff Reedy, president and CEO of Overture, said in a statement. “As a member of our board, we can leverage Jim’s in-depth knowledge of the carrier space, as well as his executive leadership experience, to help grow Overture Networks into a multi-million dollar leader in the industry — particularly now as we are ramping up our sales efforts and shipping our first units to customers.”

Last month, Overture named Aimee Ridgway as its marketing communications manager and Jay Bowker as vice president of worldwide sales. Ridgway, who previously worked in similar roles for AppGate and Nortel in RTP, says Overture now has 18 employees.

Bowker was hired from Centerpoint, where he was VP of global sales and services for the wireless solutions provider. He also was director of sales for Alidian Networks and VINA Technologies.

Overture, based in RTP, raised $15 million in September from Morganthaler Ventures of Menlo Park, CA. It was the company’s second round since its founding two years ago, and included Intersouth Partners of Durham and Atlanta-based Armada Ventures. Overture expects to deliver its first product early next year.

Overture Networks: www.overturenetworks.com