Greylock Adds Ittycheria as Venture Partner

Greylock Partners expanded its enterprise investment team with the appointment of Venture Partner Dev Ittycheria, the firm said Monday.

Ittycheria co-founded BladeLogic in 2001 and steered it through a 2007 IPO and eventually a $900 million sale to BMC Software a year later. He stayed on to run BMC’s $1.4B enterprise service management business.

Since leaving BMC in 2010, he has been a startup investor and serves as a board member at Bazaarvoice, AthenaHealth and AppDynamics, where Greylock is a investor. Ittycheria had a brief role as entrepreneur-in-residence at Bessemer Venture Partners.

At Greylock, he will invest in enterprise software companies with a focus on cloud-based services and enabling IT infrastructure. This includes big data, cloud computing, SaaS business models, storage, management, virtualization and mobile.

Greylock’s enterprise portfolio includes Inperva, which went public last year and Palo Alto Networks and Service-Now, both of which have filed S-1s.

Picture of welcome mat courtesy of Shutterstock.

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