MENLO PARK, Calif.--(BUSINESS WIRE)--Greylock Partners, a Silicon Valley venture capital firm, today announced the addition of a new investing partner, former Data Domain Chief Executive Frank Slootman.
Frank Slootman will join Greylock as a partner. In his new role, Slootman will invest in data center infrastructure start-ups, particularly in the virtualization, networking, storage, cloud and enterprise application sectors. He will also coach and mentor up-and-coming entrepreneurs and executives.
“Frank is one of very few people in the technology industry today who knows what it takes to take a tiny start-up and turn it into a world-class business,” says Aneel Bhusri, a partner at Greylock. Bhusri was one of the early stage investors in Data Domain and its chairman at the time of its acquisition by EMC Corporation. Bhusri is also co-founder and co-chief executive at Workday and currently leads Greylock’s investments in Cloudera, Data Robotics, Proferi and Pure Storage. “Frank’s experience and perspective will be a tremendous asset to Greylock and he will be a valued partner to entrepreneurs who are building the next generation of enterprise technology companies.”
“Joining Greylock will enable me to get involved with many more aspiring and innovative companies. The world is buzzing with new ideas and innovation, and this is a great time to seek out, invest in and help bring about the next wave of exciting companies,” says Slootman.
Slootman brings with him 25 years of experience as an entrepreneur and executive in the enterprise software industry. He most recently served as president of EMC’s Backup Recovery Systems (BRS) Division. At Greylock Frank will remain in a formal advisory capacity to EMC and to the company’s BRS Division. Prior to EMC, Frank served as chief executive of Data Domain, a venture-backed storage company that was acquired by EMC. Data Domain was founded in 2001 and grew at record pace. The company listed its shares on Nasdaq in 2007 and was acquired by EMC in 2009 for $2.4 billion.
Prior to Data Domain, Slootman served as a products executive at Borland Software and Compuware Corporation. He started his career at Burroughs Corporation in Detroit, Michigan.
Slootman earned undergraduate and graduate degrees from the Netherlands School of Economics, Erasmus University Rotterdam in his native Holland.
About Greylock Partners
Greylock partners with entrepreneurs to help them build market-leading businesses. Over the past 45 years the firm has worked with hundreds of companies, 150 of which have gone on to IPOs and 100 of which have gone on to profitable M&A events. Such companies include Ascend Communications, CheckFree, CipherTrust, Constant Contact, Continental Cable, Decru, Data Domain, DoubleClick, Farecast, Internet Security Systems, Ikanos, Legato, Media Metrix, Millennium Pharmaceuticals, Openwave, Open Market, OutlookSoft, Polyserve, Red Hat, RightNow Technologies, Success Factors, Sun Edison, Tellabs, Trilogy and Wily Technology. Current Greylock portfolio companies include Cloudera, Data Robotics, Facebook, Imperva, LinkedIn, Palo Alto Networks, Pandora, Picarro, Redfin, Workday and ZipCar.
If you would like more information about this news you can find a post from Frank Slootman on the Greylock blog at www.greylockvc.com.