US venture capital firm Foundation Capital has named former Comcast Ventures investor Adi Singh as a partner.
In this role, Singh will focus on identifying and investing in enterprise IT infrastructure, systems, software and services sectors.
During his time at Comcast Ventures, Singh specialised in companies in the cloud computing, data center, networking, management, security and virtualization sectors. He sourced, executed and helped manage investments in Nebula, Tely Labs and Maginatics. He was also an observer in Compass EOS, ConteXtream, Benu Networks and Immedia Semiconductor.
“Adit is a rare combination of deep technologist and strategic thinker whose passion is to help founders and management teams create and grow category-defining companies,” said Steve Vassallo, general partner at Foundation Capital. “Adit was a tremendous asset to our firm when he was an entrepreneur in residence here at Foundation several years ago, and we couldn’t be more thrilled to have him back onboard.”
Singh is a former entrepreneur, co-founding Bitsplay Systems, a networking appliance company that was optimised to stream video from data centers. Prior to joining Comcast Ventures, Singh served as a product manager at Enphase Energy, one of the first cleantech companies to successfully IPO. Early in his career, he was a chip designer at Cisco Systems.
Menlo Park, California-based Foundation Capital, is currently invested in more than 80 high-growth ventures in the areas of consumer, information technology, software, semiconductors, and clean technology including BoardVantage, Chegg, Coverity, Lending Club, MobileIron, Simply Hired, Sunrun, TubeMogul and Venafi. Foundation Capital’s nineteen initial public offerings include Control4, Envestnet, Financial Engines, Netflix, NetZero, Responsys and Silver Spring Networks.
Copyright © 2013 AltAssets