Photo of Byron Deeter, Partner

Byron Deeter

Partner
Redwood City

Biography

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, his three children now routinely beat him in all athletic endeavors! 

Portfolio Highlights

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

Portfolio Companies

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Adaptive Insights

ACQUIRED BY: WORKDAY
Cloud Enterprise
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Adaptive Insights

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

ACQUIRED BY: WORKDAY

Investors

Bob Goodman

Founded

2010

Partnered

2013

Roadmaps

Cloud Enterprise

Box

NYSE: BOX
Cloud Enterprise
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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).

NYSE: BOX

Investors

Byron Deeter

Founded

2005

Partnered

2011

Roadmaps

Cloud Enterprise

Criteo

NASDAQ: CRTO
Cloud Enterprise
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Criteo

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).

NASDAQ: CRTO

Investors

Byron Deeter

Founded

2005

Partnered

2010

Roadmaps

Cloud Enterprise

Eloqua

ACQUIRED BY: ORACLE
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Eloqua

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.

ACQUIRED BY: ORACLE

Investors

Byron Deeter

Founded

1999

Partnered

2007

Roadmaps

Gainsight

ACQUIRED BY: VISTA EQUITY PARTNERS
Cloud Enterprise
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Gainsight

Gainsight, the Customer Success company, helps businesses grow faster by reducing churn, increasing upsell, and driving customer advocacy. In November 2020, Gainsight was acquired by Vista Equity Partners.

ACQUIRED BY: VISTA EQUITY PARTNERS

Investors

Byron Deeter

Founded

2009

Partnered

2014

Roadmaps

Cloud Enterprise

HashiCorp

NASDAQ: HCP
Developer Cloud Enterprise

SendGrid

NYSE: SEND / ACQUIRED BY: TWILIO
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SendGrid

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.

NYSE: SEND / ACQUIRED BY: TWILIO

Investors

Byron Deeter

Founded

2009

Partnered

2012

Roadmaps

Investment Memo

Read the SendGrid memo

Twilio

NYSE: TWLO
Developer Enterprise

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