Byron Deeter is a leading investor in Cloud and AI. He co-authored Bessemer’s iconic 10 Laws of Cloud Computing, the annual State of the Cloud Report, the Bessemer Forbes Cloud 100, and BVP Nasdaq Emerging Cloud Index. Byron works closely alongside many of the best founders in the cloud world, with 26 of Byron’s investments currently valued above $1 billion, including a dozen 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.
In addition to his role as the current Chair-Elect for the National Venture Capital Association, Byron is a frequent Midas List investor and active board member/advisor to numerous causes, including the U.S. Olympic & Paralympic Foundation, 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.”