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."