Redpoint Ventures announced it has added two operating executives to the company. Satish Sdharmaraj was named a Partner, who will be responsible for investments and software and technology infrastructure for the next-generation enterprise. Dr Nety Krisha was appointed Venture Partner and CTO of the Energy, Materials and Environment Practice, focusing on seed and early-stage investments.
Before joining Redpoint, Dharmaraj had been CEO and founder of groupware innovator Zimbra, which was acquired by Yahoo!, and was on the founding team of OneBox Systems, which was acquired by Phone.com. Before OneBox, he was at Sun Microsystems’ JavaSoft Division as a key player in the development of Java Servlets and JSPs as an industry standard. He has also held product and engineering positions at IBM and Transarc and has worked alongside Redpoint partners close to ten years while at OneBox and Zimbra.
Dharmaraj said, “This is a great time to invest in software. Numerous disruptive forces, including open source, virtualization, the software as a service model, and cloud computing, are driving fundamental change within enterprise IT. These changes will allow many companies to re-target their capital and focus operational expenditures on their core competencies, rather than on IT infrastructure.”
Prior to Redpoint, Dr. Krishna had been in the office of the CTO at Applied Materials, where he led technology and partnership development within the energy and environment sectors. Krishna was a key member in developing strategies in energy generation, storage and efficiency. He had also led research activities in high-energy physics at the University of Colorado and the Stanford Linear Accelerator Center.
As the new CTO for Redpoint’s Energy, Materials & Environment practice, Dr. Krishna will be alongside entrepreneurs developing innovations that may impact the economics of energy industries in the long-term.
Dr. Krishna said, “Energy and environment issues are becoming mission-critical for a variety of industrial sectors. As a result, there are tremendous opportunities for creative solutions and innovative business models to address these global growth and climate challenges.”