Bessemer Promotes Two to Vice President

Bessemer Venture Partners promoted Aviad Ariel and Sunil Nagaraj each to vice president. Ariel and Nagaraj will seek opportunities in a mix of sectors, geographies and stages. Ariel, based in Herzliya, Israel, joined the firm in 2011 and has focused primarily on Internet, wireless and semiconductors, and was closely involved in Bessemer’s investment in Traffix Systems (which was acquired by F5). Nagaraj, who works out of Menlo Park, Calif., also joined the firm in 2011. He focuses on mobile, developer tools and security investments. He has served as a director for Mind Pirate.

PRESS RELEASE

Bessemer Venture Partners Continues 2013 Growth, Appoints Two New Vice Presidents

Menlo Park, CA and Larchmont, NY – April 18, 2013 – Bessemer Venture Partners (BVP), a $4 billion venture capital firm backing great entrepreneurs leading transformative startups and other high-growth companies, today announced Aviad Ariel and Sunil Nagaraj’s promotions to vice president. In this role, Aviad and Sunil will work closely with BVP’s 15 investing partners to seek entrepreneurial opportunities in start-ups aligned with the Bessemer roadmaps across a broad mix of industries, geographies and stages. Key roadmaps include: Cloud Computing, Infrastructure 2.0, Mobile, Online Retail and Trusted Internet.

Aviad Ariel
Based in BVP Israel’s Herzliya office, Aviad joined the company in 2011. He focuses primarily on investments in internet, wireless and semiconductors, and was closely involved in BVP’s investments in Traffix Systems (acq. by F5), Ravello Systems, MyHeritage and Wandera. Aviad has also been working closely with Soluto, Altair, BillGuard, Densbits, Fiverr, Intucell (acq. by Cisco) and Wix. Prior to joining BVP, Aviad was a vice president in Barclays Capital’s corporate strategy team in New York, where he helped business leaders and senior management with operational and strategic initiatives. Before that, he worked in the New York office of McKinsey & Co, advising companies on projects related to IT strategy, operations and finance. Aviad started his career as a software engineer at CREO and Marvell Technology, and also worked as a product manager in Microsoft’s security group. He holds a dual B.Sc. in Computer Science and Physics, magna cum laude, from Tel Aviv University and an MBA with honors from The University of Chicago. Follow Aviad on Twitter: @aviadariel

Sunil Nagaraj
Based in BVP’s Menlo Park, CA office, Sunil joined the company in 2011 and focuses on mobile, developer tools, and security investments. Sunil serves as a Director for Mind Pirate and a Board Observer at GetInsured, Piazza, Simply Measured, and Smule.  He is also closely involved with BVP’s investments in Box, DocuSign, Nitrous.IO and Zapier. Prior to joining BVP, Sunil was the founder and CEO of Triangulate, a venture-backed online dating startup. Sunil has also worked as a consultant with Bain & Company and in Cisco’s Corporate Development group. Previously, he worked at several early-stage starups (Sendio, ZeeWise, Celito) as a software engineer and in business development. Sunil holds an MBA from Harvard Business School and a BS in Computer Science from the University of North Carolina at Chapel Hill, where he graduated with honors. Sunil serves on the boards of the Computer History Museum (NextGen), where he is Co-Chair, and the San Francisco Amateur Astronomers. Follow Sunil on Twitter: @sunilnagaraj

BVP’s track record is exceptional for its longevity, success and breadth across multiple partners in a mix of sectors, stages and geographies. The firm kicked off 2013 with two M&A deals: the sale of portfolio company Intucell to Cisco for $475 million in cash, just two years after BVP became Intucell’s sole outside investor in the company’s first and only financing round; and portfolio company Eloqua’s acquisition by Oracle for nearly $1 billion. BVP has made five new investments since January including mobile data optimization company, Wandera. 2012 was also an exceptional year for the firm, with more than 20 exits.  The tally includes five IPOs—earning BVP a spot among the top three VCs for total IPOs in 2012 (according to the National Venture Capital Association)—and several major M&A exits including OMGPop, Traffix Systems and Stromedix.

About Bessemer Venture Partners
With $4.0 billion under management, Bessemer Venture Partners (BVP) is a global venture capital firm with offices in Silicon Valley, Cambridge, Mass., New York, Brazil, Mumbai, Bangalore and Herzliya, Israel. BVP delivers a broad platform in venture capital spanning industries, geographies, and stages of company growth. From Staples to Skype, VeriSign to Yelp, LinkedIn to Pinterest, BVP has helped incubate and support companies that have anchored significant shifts in the economy. More than 100 BVP-funded companies have gone public on exchanges in North America, Europe and Asia. See www.bvp.com or follow BVP on Twitter: @bessemervp