SEATTLE--(BUSINESS WIRE)--Madrona announced today that Sudip Chakrabarti is joining Madrona as a Partner on the Investment team. As Partner, Chakrabarti will actively work with founders and entrepreneurs as they build companies, lead investments, and foster the Pacific NW innovation ecosystem.
Chakrabarti brings experience investing in enterprise and cloud based companies, deep relationships with co-investment partners, technical expertise and first hand experience as a founder of startups to his role with Madrona.
“Sudip has a great passion for cloud and infrastructure technologies as well as solutions leveraging machine learning which are strengths in our region and also part of the core of our investment thesis,” commented Matt McIlwain, managing director, Madrona. “We have worked side by side with Sudip and seen his focus on founders and growing companies which echoes our approach to building the Seattle ecosystem one company at a time. We are excited to welcome him to our team and to the Pacific NW and our vibrant innovation economy.”
Most recently, Chakrabarti was a venture capitalist in Silicon Valley where he worked as partner at Lightspeed Venture Partners and at Andreessen Horowitz. While at Lightspeed, Chakrabarti led or co-led investments in Streamlio, Serverless, Rainnet, Exabeam and a Madrona portfolio company, Heptio. Chakrabarti started his investment career at Osage University Partners investing in the commercialization of university-developed technologies.
“Seattle is the cloud capital of the world – and it is becoming one of the most important global hubs for ML/AI technologies,” added Chakrabarti. “The team at Madrona is a leader in building these companies that will be crucial to the future technology economy, and I’m excited to join and work alongside some of the best entrepreneurs and investors in the country.”
Prior to his investing career, Chakrabarti worked as an engineer and founded two startups, the first when he was at Georgia Tech finishing his Ph.D. and the second while he was pursuing his MBA.
“Being a founder is hard work. I have an empathetic approach to the challenges they face as they build technology, a team and hone in on the very best market and customer set,” added Chakrabarti.
Chakrabarti received his Ph.D. in Computer Engineering from Georgia Tech, an MBA from The Wharton School of the University of Pennsylvania and a B.Tech from IIT Kharagpur.
About Madrona Venture Group
Madrona (www.madrona.com) has been investing in early-stage technology companies in the Pacific Northwest for more than 20 years and has been privileged to play a role in some of the region’s most successful technology ventures. The firm invests predominately in seed and Series A rounds across the information technology spectrum, including consumer Internet, commercial software and services, digital media and advertising, networking and cloud computing. Madrona manages nearly $1.3 billion and was an early investor in companies such as Amazon.com, Apptio, Rover.com, and Redfin.