Dev Ittycheria is coming aboard Greylock Partners, as a venture partner in the firm’s Silicon Valley office. His areas of focus are cloud services and enabling IT infrastructure. This includes big data, cloud computing, mobile, SaaS, social, storage, management and virtualization. His appointment comes at an especially opportune moment, says Asheem Chandna, partner with Greylock Ventures, as the firm’s enterprise portfolio is seeing “tremendous opportunities.”
Asheem Chandna (Partner, Greylock Ventures): Within our enterprise portfolio at Greylock, Imperva recently went public, Palo Alto Networks and Service-Now have filed S-1′s, and Workday has publicly discussed its intention to file. Many companies in our enterprise portfolio are benefiting from strong winds at their backs (driven by new trends in cloud, mobile, big data, management, networking, security, storage), and are growing at a strong clip.
Mr. Ittycheria led BladeLogic as CEO from inception through its IPO and eventually a sale to BMC in 2008 for $900M. Following the acquisition, Mr. Ittycheria was the president of BMC Software where he led BMC’s $1.4B enterprise service management business with more than 4,000 employees in over 25 countries. Prior to BladeLogic, Mr. Ittycheria founded Applica, a cloud computing company. Applica merged with Breakaway Solutions, which went public in 1999.
Over the last couple of years, Mr. Ittycheria gained board experience as an investor and independent board member at several companies including Bazaarvoice, AthenaHealth and AppDynamics (where Greylock is a founding investor). Mr. Ittycheria joined the AppDynamics board of directors in 2011.
Mr. Ittycheria received a BS in Electrical Engineering from Rutgers University, was awarded the Medal of Excellence, and was recognized by the School of Engineering as its 2010 Alumnus of the Year.
[Image Courtesy: Mr. Dev Ittycheria, Greylock Ventures]