MENLO PARK, Calif.--(BUSINESS WIRE)--Shasta Ventures, a boutique, early-stage venture firm investing its third fund in consumer technology and enterprise start-ups, announced today the firm has appointed Jayaram Bhat as an Entrepreneur in Residence (EIR) and Issac Roth as Venture Advisor to its Menlo Park office.
This move underscores Shasta Ventures’ commitment to closely partnering with talented entrepreneurs who are building start-ups in the enterprise software, cloud and SaaS sectors. Shasta’s growing portfolio includes leading next generation enterprise software companies such as Anaplan, Apptio, Crittercism, Lithium, Typesafe, Zenprise and Zuora, among others.
“At Shasta we believe in building long-term relationships with our entrepreneurs. The fact that Issac and Jayaram have returned to work with us is testament to our ‘founders first’ philosophy,” says Jason Pressman, Managing Director at Shasta. “We look forward to connecting the founders of our growing companies with these experienced entrepreneurs and company builders who can help advise them along the way.”
Jayaram Bhat is joining Shasta Ventures to explore new business ideas and assist Shasta in evaluating enterprise companies, especially those that focus on mobile.
Jayaram served as CEO of Zenprise, recently acquired by Citrix, since January 2004. He brings more than 32 years of high tech marketing and senior management experience. Prior to Zenprise, Jayaram consulted with CEOs of information technology companies, including VA Software (Nasdaq: LNUX), Tealeaf, Electric Cloud and CenterRun Software. Previously, Jayaram was Vice President of Marketing at Mercury Interactive Corporation. Jayaram helped lead Mercury Interactive from $13 million in revenue pre-public company in 1993 to $361 million in revenue in 2001, with a market capitalization of over $6 billion. Jayaram was a member of the board of Electric Cloud and Tealeaf, which was acquired by IBM in 2012.
Issac is joining Shasta to assist the firm’s enterprise software companies in reaching their next level of success. Issac joins Shasta Ventures from Red Hat where he led a talented team of people in creating OpenShift, Red Hat’s Platform-as-a-Service. OpenShift was based on Makara, a Shasta-backed company he co-founded which Red Hat acquired. As leader of development cloud efforts, Issac was instrumental in Red Hat’s investments in Appcelerator and 10gen. Prior to founding Makara, he spent five years at Wily Technology and CA Technologies. Earlier in his career, Issac was a founder and early employee of three enterprise infrastructure start-ups.
About Shasta Ventures
Shasta Ventures is a boutique, early-stage venture firm investing its third fund in consumer technology and enterprise start-ups. Shasta aims to partner with bold, creative entrepreneurs who have exceptional instincts and insights into the needs, desires and behaviors of the people who use their products. The firm is based in Menlo Park, California. Shasta Ventures has supported the founders of dozens of successful companies, including: Apptio, Demdex, Lithium, Makara, Mint, Nest, Nextdoor, TaskRabbit, Turn, Zenprise and Zuora. For more information, please visit www.shastaventures.com, or follow us on Twitter at @shasta.