Menlo Park, CA (PRWEB) July 01, 2013
Trinity Ventures, a leading venture capital firm investing in early stage technology companies, is pleased to announce that Karan Mehandru has been promoted to General Partner. Karan is an integral part of Trinity Ventures’ enterprise team and the promotion recognizes Karan’s contributions to Trinity and highlights Trinity’s continued investment focus in the enterprise space.
Karan joined Trinity Ventures in 2010 and brings significant technology investing and operating experience to the firm. At Trinity, he focuses on venture investments in SaaS, big data, cloud computing and mobile. Karan led Trinity’s investments in Act-On Software, ScaleArc and RJMetrics. Karan currently serves on the Board of Directors of Act-On Software and RJMetrics, and works closely with ScaleArc, ShopIgniter and Taulia.
“Karan has shown great leadership in expanding Trinity’s SaaS and infrastructure practices. He enjoys strong rapport with entrepreneurs based on his enthusiastic engagement and his thought leadership around go to market strategies and growth metrics,” says Larry Orr, General Partner at Trinity Ventures. “We are delighted to announce this promotion and have Karan be an integral part of our future.”
“Karan’s promotion to General Partner is well deserved,” says Raghu Raghavan, CEO of Act-On Software. “He was an early believer and an active supporter of the company, and is an extremely valuable member of the Act-On board of Directors. We look forward to making his investment in Act-On Software a wonderful one.”
Karan comments, “It is an honor to be part of the Trinity Ventures partnership among such an outstanding group of colleagues. At Trinity, we care deeply about the teams we back, and I feel fortunate to have the opportunity to help smart, passionate, driven entrepreneurs realize their visions. I look forward to working closely with these entrepreneurs and extending Trinity’s legacy in SaaS, big data and cloud infrastructure as these markets continue to experience secular trends that create massive opportunities.”
Prior to Trinity, Karan was at Scale Venture Partners where he was actively involved with Scale’s investments in SaaS, datacenter infrastructure and enterprise software companies. Earlier in his career, Karan also worked at companies like Synopsys and PMC-Sierra for a decade, holding positions in sales, marketing and product development. Karan has a Masters in Management Science from Stanford University and a Bachelors in Electrical Engineering with high distinction from Carleton University. Karan is a Charter Member of C100, through which he mentors Canadian technology entrepreneurs, and an active member of TiE Silicon Valley.
About Trinity Ventures:
Trinity Ventures, a leading venture capital firm investing in early-stage technology start-ups, was founded in 1986 to partner with passionate entrepreneurs to transform revolutionary ideas into reality. Trinity’s investment team takes a collaborative approach and believes in personal engagement, mutual respect, and goal alignment to deliver out-sized returns to entrepreneurs and investors. With over $1.25 billion under management, the firm has particular emphasis on Cloud, Digital Media, Social Commerce and Entertainment, and Software as a Service.
Trinity Ventures has invested in more than 250 companies, including such leading companies as: 21Vianet (VNET), Aruba Networks (ARUN), Blue Nile (NILE), Care.com, Crescendo Communications (Acquired by Cisco), Extreme Networks (EXTR), Forte Software (FRTE), Infoblox (BLOX), Kixeye, LoopNet (LOOP), New Relic, Photobucket (Acquired by News Corporation), Sciquest (SQI), Speedera Networks (Acquired by Akamai Technologies), Starbucks (SBUX) and Zulily. Visit http://www.trinityventures.com.
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