Byron Deeter

Partner

Byron Deeter is a leading investor in SaaS and Cloud. He co-authors Bessemer’s iconic 10 Laws of Cloud Computing and the annual State of the Cloud Report. He created the Bessemer Forbes Cloud 100 and BVP Nasdaq Emerging Cloud Index and works closely with many of the best founders in the cloud world. And now he is the host of Bessemer’s newest podcast, Cloud Giants. To date, nineteen of Byron’s investments are valued above $1 billion, including ten IPOs and counting.

Byron first raised a Series A with Bessemer Venture Partners back in 2000, as CEO and founder of Trigo Technologies. His company grew to be one of the first global SaaS companies, reaching profitability and was successfully sold to IBM. Byron foresaw that cloud computing would not only change the way people built new technologies but also how The Cloud would systematically run the world. In 2005, Byron returned to Bessemer, this time to lead the fund’s global cloud practice.

He graduated with honors from The University of California, Berkeley, where he met his then college sweetheart and now wife. Byron is a perennial Midas List investor and active board member/advisor to numerous causes including National Venture Capital Association, Pledge 1% and Cal Rugby. Although he’s a four-time Rugby Collegiate National Champion and Ironman finisher, nothing competes with being a father of three children.

"Valuations and multiples will go up and down, but there has never been a better time to be a SaaS founder. You can grow faster than ever."

Companies

Adaptive Insights *

Adaptive Insights

ACQUIRED BY: WORKDAY

Adaptive Insights is the leader in cloud-based corporate performance management. Adaptive Insights was acquired by Workday in August 2018.

Box *

Box

NYSE: BOX

Box is a cloud-based enterprise content collaboration platform for people and businesses to share their documents from anywhere and from any device. Box went public in January 2015 (NYSE: BOX).

Canva

Canva

Canva is an online graphic design platform on a mission to simplify the process of graphic design for photographers, illustrators, and designers globally.

Cornerstone OnDemand *

Cornerstone OnDemand

NASDAQ: CSOD

Cornerstone OnDemand provides a comprehensive suite of talent-management solutions. Cornerstone OnDemand went public in March 2011 (NASDAQ: CSOD).

Courier

Courier

Courier is a single API platform with a no-code editor that enables teams to design and deliver user notifications to any channel.

Criteo *

Criteo

NASDAQ: CRTO

The world leader in personalized retargeting technology for more than 1200 major online retailers worldwide, driving billions of dollars in post-click sales. Criteo went public in October 2013 (NASDAQ: CRTO).

Eloqua *

Eloqua

ACQUIRED BY: ORACLE

Eloqua automates the science of marketing. Eloqua went public in August 2012 (NASDAQ: ELOQ) and was then acquired by Oracle (NYSE: ORCL) in December 2012.

Gainsight

Gainsight

Gainsight, the Customer Success company, helps businesses grow faster by reducing churn, increasing upsell, and driving customer advocacy.

HashiCorp

HashiCorp

HashiCorp enables organizations to provision, secure, and run any infrastructure for any application.

Instructure *

Instructure

NYSE: INST

Instructure is an educational technology company. Instructure went public in November 2015 (NYSE: INST).

Intercom

Intercom

Intercom develops customer messaging apps for sales, marketing, and support, connected on one platform.

LaunchDarkly

LaunchDarkly

LaunchDarkly is a feature management platform that enables software teams to build better software faster with less risk by decoupling the deployment of code from the release of features to users.

nCino *

nCino

NASDAQ: NCNO

nCino is the worldwide leader in cloud banking. nCino went public in July 2020 (NASDAQ: NCNO).

OnXMaps

OnXMaps

onXMaps is a mobile apps company that provides maps for hunters and outdoor recreation.

Pana

Pana

Pana is the first corporate travel platform exclusively for world-class guest trips, including on-site interviews, customer visits, internships and more.

Phantom Auto

Phantom Auto

Phantom Auto is a remote control-as-a-service safety solution for autonomous vehicles (AVs).

Procore

Procore

Procore provides cloud-based construction management software.

productboard

productboard

productboard is the product management system that helps organizations get the right products to market, faster.

Qventus

Qventus

Qventus optimizes decisions in hospitals in real time to reduce costs, improve quality and experience.

Rainforest QA

Rainforest QA

Rainforest QA provides modern testing for web and mobile apps.

SendGrid *

SendGrid

NYSE: SEND / ACQUIRED BY: TWILIO

SendGrid is a proven, cloud-based customer communication platform that drives engagement and business growth. In 2017, SendGrid went public (NYSE: SEND) and was then acquired by Twilio (NYSE: TWLO) in 2018.

Shopmonkey

Shopmonkey

Shopmonkey provides modern shop management software for auto shops to run, understand, and grow their business.

Sila Nanotechnologies

Sila Nanotechnologies

Sila Nanotechnologies manufactures advanced battery materials to accelerate the electric car revolution.

Team SoloMid (TSM)

Team SoloMid (TSM)

Team SoloMid (TSM) is a leading esports franchise.

Tile

Tile

Tile’s devices, network and mobile app work together to help people organize their belongings.

Vidyard

Vidyard

Vidyard is a video marketing platform enabling customers to derive information on viewer-behavior for marketing automation systems and CRM.

Vlocity *

Vlocity

ACQUIRED BY: SALESFORCE

Vlocity delivers industry-specific cloud and mobile software that embed digital, omnichannel processes for customer-centric industries. In February 2020, Vlocity was acquired by Salesforce.

Yotpo

Yotpo

Yotpo is a commerce marketing cloud offering businesses customer reviews, visual marketing, loyalty, and referrals.

Zylo

Zylo

Zylo is an enterprise SaaS optimization platform that helps unlock the full potential of SaaS for buyers, providers and users.

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