I am impressed by Foundation’s storied history and its amazing partnership,” said Rajaraman. “I look forward to learning as much as I can, and becoming a better entrepreneur during my time at Foundation.
Menlo Park, California (PRWEB) June 30, 2015
Silicon Valley venture capital firm, Foundation Capital, is proud to announce Sunil Rajaraman as Entrepreneur-in-Residence.
Foundation Capital’s Entrepreneur-in-Residence (EIR) program allows successful entrepreneurs from different backgrounds to hone their ideas and expertise in partnership with seasoned venture capital partners. The program was founded under the expectation that, given the proper resources, great minds will produce great ideas.
Sunil Rajaraman is the co-founder and CEO of Unsugarcoat Media, a media holding company whose main property is The Bold Italic.
Previously, Sunil was the co-founder and CEO of Scripted.com, a marketplace for businesses to hire freelance writers. Scripted helps thousands of customers purchase written content ranging from blog posts to white papers. Scripted is funded by Crosslink Capital, Redpoint Ventures and Storm Ventures. The company has raised $15M of capital to date.
“I am impressed by Foundation’s storied history and its amazing partnership,” said Rajaraman. “I look forward to learning as much as I can, and becoming a better entrepreneur during my time at Foundation.”
As a part of the long-standing EIR program at Foundation Capital, entrepreneurs receive time, domain expertise, network and capital from the company. Active since the firm’s founding in 1995, the Foundation EIRs have helped start companies or gone on to executive positions in companies like Atheros, Peribit, ONStor, Hammerhead Systems, Solar Flare Communications, Silver Spring Networks and more.
About Foundation Capital
Foundation Capital is dedicated to the proposition that one entrepreneur's idea, with the right support, can become a business that changes the world. Foundation Capital has helped companies like Lending Club change the way money is lent and borrowed, EnerNOC invent the energy demand response market, and Netflix revolutionize media distribution and consumption, among many others. Foundation Capital is currently invested in more than 60 high-growth ventures in the areas of consumer, information technology, software, semiconductors, and clean technology including Beepi, BoardVantage, Chegg, Coverity, DogVacay, Kik, ForgeRock, Lending Home, Simply Hired, Spoon Rocket, Sunrun, and Venafi. Foundation Capital's twenty-five IPOs include Lending Club, OnDeck, MobileIron, Control4, TubeMogul, Envestnet, Financial Engines, Netflix, NetZero, Responsys and Silver Spring Networks. For more information, visit foundationcapital.com.