Investors and Board
Benchmark is an early stage venture capital firm focusing on Social, Mobile, Local, and Cloud companies that disrupt various industries. Founded in 1995, the firm has offices in Menlo Park and San Francisco, California. Since its founding, Benchmark has invested in more than 250 early stage startups with a market value exceeding $100 billion. Investments have included eBay, Juniper Networks, MySQL, OpenTable, Yelp, Inc., Zillow, Friendster, JAMDAT, Instagram, Hortonworks, Dropbox, Uber, Twitter, Zipcar, Asana, Quora, Gaikai, Demandforce, and DOMO.
Index Ventures is a leading global venture capital firm active in technology and biotechnology investing since 1996. From their offices in Geneva, London, and San Francisco, they love to discover and support the most entrepreneurial teams wherever they are looking to build market-defining, global businesses.
New Enterprise Associates, Inc. (NEA) is a leading venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors, and geographies. With approximately $13 billion in committed capital, NEA invests in information technology, healthcare, and energy technology companies at all stages in a company's lifecycle, from seed stage through IPO. The firm's long track record of successful investing includes more than 175 portfolio company IPOs and more than 300 acquisitions.
Steven Schuurman, Co-Founder and CEO
Steven Schuurman is the co-founder and CEO of Elastic. In this capacity Steven provides leadership to the Executive Leadership Team and supports the employees to ensure they have what they need to be successful. Before taking on the CEO role at Elastic, Steven was CEO of Orange11, which was acquired by Trifork A/S (TRIFOR.CO) in 2012. Prior to Orange11, Steven co-founded the internationally renowned open source software vendor SpringSource, one of the most successful open source companies in history. SpringSource is the world's leading Enterprise Java middleware company, and was acquired by VMware (VMW) in 2009.
Shay Banon, Co-Founder and CTO
Shay Banon is the creator of Elasticsearch, the open source, distributed, RESTful, search and analytics engine. Before creating Elasticsearch, Shay spent more than a decade building complex distributed systems and open source search solutions.
Nick White, CFO
Nick is the former Chief Financial Officer of SpringSource and Talend, two of the largest open source technology companies. He was instrumental in the growth of SpringSource, its sale to VMWare for over $400M and its acquisitions of Covalent, G2One, Hyperic, and Cloud Foundry. Nick also served as CFO at Transitive, a UK-based software company best known for developing Rosetta for Apple, which Steve Jobs referred to as “the Most Amazing Software You'll Never See." Prior to Transitive, Nick held various senior financial positions including Controller, at Next and a Senior Audit Manager, at Coopers and Lybrand (now PriceWaterhouseCoopers). Nick is a Fellow of the Institute of Chartered Accountants in England & Wales, and a member of the AICPA and the California Society of CPAs.
Peter Fenton, General Partner, Benchmark Capital
Peter Fenton joined Benchmark Capital in 2006 after spending seven years as a partner with Accel Partners. His current investments include DotCloud, EngineYard, Hortonworks, Lithium, New Relic, Pentaho, Polyvore, Twitter, Yelp, Zendesk, and Zuora. Among his previous investments were Coremetrics (acquired by IBM), FriendFeed (acquired by Facebook), JBoss (acquired by Red Hat), Reactivity (acquired by Cisco), SpringSource (acquired by VMware), Terracotta (acquired by Software AG), Wily Technology (acquired by CA), Xensource (acquired by Citrix), and Zimbra (acquired by Yahoo!). Peter has an MBA from Stanford Business School and BA from Stanford University.
Rod Johnson, Creator of the Spring Framework, Co-Founder of SpringSource (now VMware)
Rod Johnson is an authority on enterprise Java development and a leading open source entrepreneur. Rod created the Spring Framework and served as CEO of SpringSource until its acquisition by VMware. He holds a BA with Honors in Computer Science, Mathematics, and Musicology as well as a PhD from the University of Sydney.
Mike Volpi, Partner, Index Ventures
Mike Volpi joined Index Ventures in July 2009. He is a Partner in the San Francisco office, focusing on investments in Enterprise Software and Consumer Internet companies. He also contributes to the firm's later stage growth fund, and currently serves on the boards of Path, Sonos, Lookout, Hortonworks, Soundcloud, Big Switch Networks, Zuora, Foodily, Storsimple, and Ericsson (NASDAQ: ERIC). Mike was previously a Director of Cloud.com (now part of Citrix). Prior to Index, Mike was at a Cisco. He was Senior Vice President & General Manager of the Routing and Service Provider Technology Group, where he led Cisco's business for the Service Provider market, and was also responsible for all of Cisco's routing and access products. In 2007, this was an $11 billion business for Cisco. Mike also served as the company's Chief Strategy Officer, where he was responsible for Cisco's corporate strategy as well as business development, strategic alliances, advanced Internet projects, legal services, and government affairs. He has Master's and Bachelor's degrees in mechanical engineering from Stanford University and an M.B.A. from the Stanford Graduate School of Business.
Harry Weller, General Partner, New Enterprise Associates (NEA)
Harry Weller leads NEA's east coast, early stage investing practice and is a founder of NEA's China organization. Harry's past investments include CVent (NYSE: CVT), Echo Global (NASDAQ: ECHO), Eloqua (NASDAQ: ELOQ, acquired by Oracle), GlobalLogic (acquired by Apax), Groupon (NASDAQ: GRPN), Merlin Securities (acquired by Wells Fargo), Riverbed Technologies (acquired by Aether Systems), SourceFire (NASDAQ: FIRE, acquired by Cisco), Vertica (acquired by Hewlett Packard), Vonage (NYSE: VG), and webMethods (NASDAQ: WEBM, acquired by Software AG). Prior to joining NEA, Harry was a General Partner at FBR Technology Venture Partners where he learned the costs and benefits of a bubble! Early in his career, Harry deployed large scale enterprise systems at the Global 100, including the first Oracle financial system (yes, that means he helped code it). Prior to his business career, Harry served as a pilot in the U.S. Navy. Harry received his MBA from Harvard Business School and his bachelor's degree in Physics from Duke University. Harry serves on the board of the Mid-Atlantic Venture Association (MAVA), is a past Chairman of MAVA Capital Connection, and co-founded the Young Mid-Atlantic Venture Association (YAVA).