Mayfield V

Mayfield Fund, LLC is a venture capital firm based in Menlo Park, California, established in 1969. The firm specializes in early-stage investments in technology companies, focusing on sectors such as enterprise software, communications, consumer media, healthcare, and semiconductors. With over $2.5 billion under management, Mayfield has invested in more than 500 companies, achieving 117 IPOs and over 200 mergers and acquisitions. The firm typically invests between $1 million and $15 million, targeting companies with revenues between $10 million and $100 million. Mayfield prioritizes investments in both U.S.-based companies, particularly in California, and cross-border opportunities in countries like India and China, emphasizing sectors such as artificial intelligence, clean energy, and digital media. The firm aims to partner closely with founders from inception, providing not only capital but also support in follow-on financing and co-investment opportunities.

Navin Chaddha

Managing Partner

Tim Chang

Venture Partner

Rishi Garg

Partner

Vikram Godse

Managing Partner, Mayfield India

Nikhil Khattau

Managing Director

Paul Kohli

Vice President of Investment Operations

Tejas Maniar

Operating Partner

Guru Pangal

Venture Partner

Ursheet Parikh

Partner

Vijay Reddy

Investor

Patrick Salyer

Partner

Zareer Shroff

Principal

Vaneeta Varma

CFO

Past deals in Virtualization

DuploCloud

Series A in 2022
DuploCloud is a DevOps platform that allows us to run hundreds of workloads in the cloud. The company is a developer of a no-code development or low-code development operations platform designed to build and operate applications on the edge in a seamless manner. The company's platform provides a unified platform for cloud automation with built-in security and compliance, as well as frictionless data migration, allowing businesses to automate operational workflows and compliance standards.

Nuvia

Series B in 2020
Nuvia develops processors intended to create high-performance silicon design for a compute-intensive world. It designs processing chipsets for data center servers, thereby delivering a faster, power-efficient, and secure experience to existing data center processors. Manu Gulati, John Bruno, and Gerard Williams III launched Nuvia in Santa Clara, California in 2019.

HashiCorp

Series E in 2020
HashiCorp, Inc. is an open-source software company based in San Francisco, California, founded in 2012 by Mitchell Hashimoto and Armon Dadgar. The company develops multi-cloud infrastructure automation software that facilitates the provisioning, securing, connecting, and running of infrastructure for diverse applications. Key products include Terraform, which allows users to manage cloud infrastructure as code; Vault, a tool for securing sensitive data; Nomad, a workload orchestrator for deploying applications across multiple environments; and Consul, which supports service discovery and orchestration. HashiCorp also offers Vagrant for creating reproducible development environments and Packer for generating consistent machine images. The company’s solutions enable organizations to efficiently navigate cloud adoption challenges and standardize workflows across public and private cloud environments. HashiCorp serves both open-source and commercial markets, helping developers, operators, and security professionals manage distributed application infrastructure effectively.

Nuvia

Series A in 2019
Nuvia develops processors intended to create high-performance silicon design for a compute-intensive world. It designs processing chipsets for data center servers, thereby delivering a faster, power-efficient, and secure experience to existing data center processors. Manu Gulati, John Bruno, and Gerard Williams III launched Nuvia in Santa Clara, California in 2019.

Volterra

Venture Round in 2019
Volterra Inc. is a software development company founded in 2017 and based in Santa Clara, California. It specializes in providing distributed cloud services that assist developers in building, deploying, operating, and securing large-scale distributed applications across edge and multi-cloud environments. The company’s global app-to-app network enables clients to secure cloud applications and optimize critical workloads by bringing them closer to end-users, thereby enhancing performance. This approach supports DevOps and NetOps teams in addressing operational security and performance challenges effectively.

Roost

Seed Round in 2019
Roost operates as a marketplace that links individuals in need of storage or parking solutions with neighbors offering extra space in their properties, such as garages and basements. Founded in 2007 and based in San Francisco, Roost is positioned to disrupt the $24 billion self-storage industry and the $10 billion parking industry by providing a more accessible and community-oriented alternative. The platform not only facilitates cost-effective storage options but also fosters community engagement and promotes environmentally friendly practices. By connecting over 30,000 customers across various sectors, Roost aims to create financial benefits for users while enhancing local neighborhoods.

HashiCorp

Series D in 2018
HashiCorp, Inc. is an open-source software company based in San Francisco, California, founded in 2012 by Mitchell Hashimoto and Armon Dadgar. The company develops multi-cloud infrastructure automation software that facilitates the provisioning, securing, connecting, and running of infrastructure for diverse applications. Key products include Terraform, which allows users to manage cloud infrastructure as code; Vault, a tool for securing sensitive data; Nomad, a workload orchestrator for deploying applications across multiple environments; and Consul, which supports service discovery and orchestration. HashiCorp also offers Vagrant for creating reproducible development environments and Packer for generating consistent machine images. The company’s solutions enable organizations to efficiently navigate cloud adoption challenges and standardize workflows across public and private cloud environments. HashiCorp serves both open-source and commercial markets, helping developers, operators, and security professionals manage distributed application infrastructure effectively.

HashiCorp

Series C in 2017
HashiCorp, Inc. is an open-source software company based in San Francisco, California, founded in 2012 by Mitchell Hashimoto and Armon Dadgar. The company develops multi-cloud infrastructure automation software that facilitates the provisioning, securing, connecting, and running of infrastructure for diverse applications. Key products include Terraform, which allows users to manage cloud infrastructure as code; Vault, a tool for securing sensitive data; Nomad, a workload orchestrator for deploying applications across multiple environments; and Consul, which supports service discovery and orchestration. HashiCorp also offers Vagrant for creating reproducible development environments and Packer for generating consistent machine images. The company’s solutions enable organizations to efficiently navigate cloud adoption challenges and standardize workflows across public and private cloud environments. HashiCorp serves both open-source and commercial markets, helping developers, operators, and security professionals manage distributed application infrastructure effectively.

Vexata

Funding Round in 2017
Vexata, Inc. is a developer and manufacturer of real-time enterprise storage systems, headquartered in San Jose, California. Founded in 2013, the company offers a data storage infrastructure platform that enhances the performance of various database and analytics applications, including Oracle and SQL Server. Vexata's solutions integrate distributed data management software with advanced networking principles to meet the demands of data-driven applications. This active data fabric allows businesses to manage large active data sets efficiently without the need for application rewrites or complex infrastructure changes. As of July 2019, Vexata operates as a subsidiary of StorCentric, Inc.

Fungible

Series A in 2017
Fungible, Inc. is a technology company that develops hardware and software solutions specifically for cloud data centers. Founded in 2015 and headquartered in Santa Clara, California, with an additional office in Bengaluru, India, Fungible aims to enhance data movement through its innovative chip technology, which is characterized by low latency, high throughput, and programmability. The company's offerings include a full-stack infrastructure software that leverages standard components, protocols, and interfaces, focusing on improving the economics, security, and reliability of cloud data centers. With a team that has extensive experience in networking, silicon, and software industries, Fungible is positioned to address the evolving requirements of modern cloud infrastructure.

Versa Networks

Series C in 2016
Versa Networks, Inc. is a technology company specializing in software-defined networking solutions, particularly within the realms of virtualized network functions and services. Established in 2012 and headquartered in Santa Clara, California, with an additional office in Bengaluru, India, Versa offers an end-to-end Cloud IP Platform that simplifies and secures wide area networks (WAN) and branch office networks. The platform is entirely software-based, enabling enterprises and service providers to build agile and secure networks while achieving significant cost savings and operational efficiency. Versa's innovative approach in the SD-WAN and SD-Security markets is designed to transform traditional network infrastructures, providing unmatched agility and flexibility compared to conventional hardware solutions. The company has attracted investment from notable venture capital firms, reflecting its position as a leader in the networking industry.

Fungible

Series A in 2016
Fungible, Inc. is a technology company that develops hardware and software solutions specifically for cloud data centers. Founded in 2015 and headquartered in Santa Clara, California, with an additional office in Bengaluru, India, Fungible aims to enhance data movement through its innovative chip technology, which is characterized by low latency, high throughput, and programmability. The company's offerings include a full-stack infrastructure software that leverages standard components, protocols, and interfaces, focusing on improving the economics, security, and reliability of cloud data centers. With a team that has extensive experience in networking, silicon, and software industries, Fungible is positioned to address the evolving requirements of modern cloud infrastructure.

HashiCorp

Series B in 2016
HashiCorp, Inc. is an open-source software company based in San Francisco, California, founded in 2012 by Mitchell Hashimoto and Armon Dadgar. The company develops multi-cloud infrastructure automation software that facilitates the provisioning, securing, connecting, and running of infrastructure for diverse applications. Key products include Terraform, which allows users to manage cloud infrastructure as code; Vault, a tool for securing sensitive data; Nomad, a workload orchestrator for deploying applications across multiple environments; and Consul, which supports service discovery and orchestration. HashiCorp also offers Vagrant for creating reproducible development environments and Packer for generating consistent machine images. The company’s solutions enable organizations to efficiently navigate cloud adoption challenges and standardize workflows across public and private cloud environments. HashiCorp serves both open-source and commercial markets, helping developers, operators, and security professionals manage distributed application infrastructure effectively.

Cloudsimple

Series A in 2016
CloudSimple provides a service to the world’s leading cloud vendors to deploy and manage workloads in a dedicated, private cloud in public clouds. With the full support of Microsoft and VMware, the first offering is a service for VMware. We help enterprises looking to move VMware workloads to the cloud without any changes and continue to use the familiar VMware and cloud management tools they know. IT benefits from the agility and on-demand, elastic infrastructure of the cloud, as well as lowered costs.

Zirtual

Debt Financing in 2015
Zirtual Inc. is a provider of dedicated virtual assistant services aimed at busy professionals, entrepreneurs, and small teams. Founded in 2011 and based in Las Vegas, Nevada, Zirtual offers a range of services including inbox and calendar management, travel planning, research, copywriting, and marketing support. The company emphasizes a relationship-based model, allowing clients to develop lasting connections with their assigned virtual assistants. Zirtual operates on a flexible pricing structure with flat rate, monthly, and annual plans, which do not require long-term commitments. As of December 2015, Zirtual is a subsidiary of Startups.co.

CloudVelox

Series C in 2015
Cloud Velox (Formerly CloudVelocity) was founded by a team with extensive expertise in operating systems, distributed systems, virtualization, cloud, networking and storage technologies. The team has developed software that enables new and existing Linux and Windows multi-tier applications to run in the cloud without modification, automatically extending the enterprise data center to the cloud so that applications can access any necessary services residing back in the enterprise.

HashiCorp

Series A in 2014
HashiCorp, Inc. is an open-source software company based in San Francisco, California, founded in 2012 by Mitchell Hashimoto and Armon Dadgar. The company develops multi-cloud infrastructure automation software that facilitates the provisioning, securing, connecting, and running of infrastructure for diverse applications. Key products include Terraform, which allows users to manage cloud infrastructure as code; Vault, a tool for securing sensitive data; Nomad, a workload orchestrator for deploying applications across multiple environments; and Consul, which supports service discovery and orchestration. HashiCorp also offers Vagrant for creating reproducible development environments and Packer for generating consistent machine images. The company’s solutions enable organizations to efficiently navigate cloud adoption challenges and standardize workflows across public and private cloud environments. HashiCorp serves both open-source and commercial markets, helping developers, operators, and security professionals manage distributed application infrastructure effectively.

Versa Networks

Series B in 2014
Versa Networks, Inc. is a technology company specializing in software-defined networking solutions, particularly within the realms of virtualized network functions and services. Established in 2012 and headquartered in Santa Clara, California, with an additional office in Bengaluru, India, Versa offers an end-to-end Cloud IP Platform that simplifies and secures wide area networks (WAN) and branch office networks. The platform is entirely software-based, enabling enterprises and service providers to build agile and secure networks while achieving significant cost savings and operational efficiency. Versa's innovative approach in the SD-WAN and SD-Security markets is designed to transform traditional network infrastructures, providing unmatched agility and flexibility compared to conventional hardware solutions. The company has attracted investment from notable venture capital firms, reflecting its position as a leader in the networking industry.

Formation Data Systems

Series A in 2014
Formation Data Systems, Inc. specializes in a converged data platform that delivers data virtualization solutions, combining block, file, and object storage across various media, including flash, disk, and cloud environments. The company's flagship product, FormationOne, offers a hyper-scale software-defined storage solution that integrates the agility and cost-effectiveness of public cloud services with the security and customization needed for private data centers. Formation Data Systems provides essential features such as data reduplication, quality of service, disaster recovery, data tiering, and archiving, making its platform suitable for enterprise IT, SaaS applications, and service providers with significant data requirements. Founded in 2012 and headquartered in Fremont, California, the company also has locations in San Francisco and Boulder, Colorado.

CloudPhysics

Series C in 2014
CloudPhysics, Inc. is a company that specializes in cloud-based IT operations management solutions aimed at optimizing virtualized environments. Founded in 2011 and headquartered in Santa Clara, California, the company utilizes big data science to provide predictive analytics that empower IT teams to manage their virtual infrastructures effectively while minimizing costs and risks. Its offerings include a suite of tools that analyze machine metadata and employ innovative simulation and resource management techniques to identify operational hazards and uncover significant opportunities for improving resource utilization. Additionally, CloudPhysics provides cloud cost calculators to assist customers in planning and designing their hybrid cloud architectures and migration strategies, ensuring a comprehensive approach to modern IT management.

CloudPhysics

Series B in 2013
CloudPhysics, Inc. is a company that specializes in cloud-based IT operations management solutions aimed at optimizing virtualized environments. Founded in 2011 and headquartered in Santa Clara, California, the company utilizes big data science to provide predictive analytics that empower IT teams to manage their virtual infrastructures effectively while minimizing costs and risks. Its offerings include a suite of tools that analyze machine metadata and employ innovative simulation and resource management techniques to identify operational hazards and uncover significant opportunities for improving resource utilization. Additionally, CloudPhysics provides cloud cost calculators to assist customers in planning and designing their hybrid cloud architectures and migration strategies, ensuring a comprehensive approach to modern IT management.

CloudVelox

Series B in 2013
Cloud Velox (Formerly CloudVelocity) was founded by a team with extensive expertise in operating systems, distributed systems, virtualization, cloud, networking and storage technologies. The team has developed software that enables new and existing Linux and Windows multi-tier applications to run in the cloud without modification, automatically extending the enterprise data center to the cloud so that applications can access any necessary services residing back in the enterprise.

Zirtual

Seed Round in 2013
Zirtual Inc. is a provider of dedicated virtual assistant services aimed at busy professionals, entrepreneurs, and small teams. Founded in 2011 and based in Las Vegas, Nevada, Zirtual offers a range of services including inbox and calendar management, travel planning, research, copywriting, and marketing support. The company emphasizes a relationship-based model, allowing clients to develop lasting connections with their assigned virtual assistants. Zirtual operates on a flexible pricing structure with flat rate, monthly, and annual plans, which do not require long-term commitments. As of December 2015, Zirtual is a subsidiary of Startups.co.

CloudVelox

Series A in 2012
Cloud Velox (Formerly CloudVelocity) was founded by a team with extensive expertise in operating systems, distributed systems, virtualization, cloud, networking and storage technologies. The team has developed software that enables new and existing Linux and Windows multi-tier applications to run in the cloud without modification, automatically extending the enterprise data center to the cloud so that applications can access any necessary services residing back in the enterprise.

CloudPhysics

Series A in 2012
CloudPhysics, Inc. is a company that specializes in cloud-based IT operations management solutions aimed at optimizing virtualized environments. Founded in 2011 and headquartered in Santa Clara, California, the company utilizes big data science to provide predictive analytics that empower IT teams to manage their virtual infrastructures effectively while minimizing costs and risks. Its offerings include a suite of tools that analyze machine metadata and employ innovative simulation and resource management techniques to identify operational hazards and uncover significant opportunities for improving resource utilization. Additionally, CloudPhysics provides cloud cost calculators to assist customers in planning and designing their hybrid cloud architectures and migration strategies, ensuring a comprehensive approach to modern IT management.

Pano Logic

Series C in 2010
Pano Logic creates virtual desktops with both a hardware and software solution. Server-based desktop virtualization is widely heralded as the "next big thing in virtualization". Citrix recently acquired start-up XenSource for $500M in pursuit of this market; Microsoft has recently announced new licensing schemes for server-hosted desktops, along with its intention to aggressively support this new model; VMware, the market leader in server virtualization, is aggressively developing this market with its Virtualized Desktop Infrastructure (VDI). But there remains a problem: the existing desktop PC and thin client architectures were not designed for this new model of server-based desktop computing. Worse, these legacy architectures defeat the benefits of desktop virtualization. If the desktop is running on the server, why place another operating system on the desktop just to connect to the server?

Akimbi Systems

Series B in 2005
As of June 16, 2006, Akimbi Systems, Inc. was acquired by VMware, Inc. Akimbi Systems, Inc. develops infrastructure management solutions for software development and test organizations. It offers complex configuration capture-and-restore system, a software development and test infrastructure, which allows software developers and quality assurance engineers to suspend and capture to a shared storage library. Akimbi Systems, Inc. has strategic partnership with Mercury, Microsoft, Platespin, and VMware. The company was founded in 2004 and is headquartered in San Mateo, California.

3PAR

Series D in 2004
3PAR Inc. is a global provider of utility storage systems tailored for mid-sized to large enterprises, financial services firms, cloud computing service providers, consumer-oriented Internet companies, and government entities. The company specializes in helping organizations establish infrastructures that facilitate the delivery of cloud-based services, both internally and at a scale suitable for external service providers. 3PAR's enterprise-class storage systems are designed with a clustered architecture that supports multi-tenancy and incorporates features such as self-configuration, self-optimization, self-monitoring, self-healing, and scalability. The company's solutions include a comprehensive hardware platform, an integrated operating system, and a suite of software applications aimed at enhancing data storage and information management.

3PAR

Series C in 2001
3PAR Inc. is a global provider of utility storage systems tailored for mid-sized to large enterprises, financial services firms, cloud computing service providers, consumer-oriented Internet companies, and government entities. The company specializes in helping organizations establish infrastructures that facilitate the delivery of cloud-based services, both internally and at a scale suitable for external service providers. 3PAR's enterprise-class storage systems are designed with a clustered architecture that supports multi-tenancy and incorporates features such as self-configuration, self-optimization, self-monitoring, self-healing, and scalability. The company's solutions include a comprehensive hardware platform, an integrated operating system, and a suite of software applications aimed at enhancing data storage and information management.

3PAR

Series B in 2000
3PAR Inc. is a global provider of utility storage systems tailored for mid-sized to large enterprises, financial services firms, cloud computing service providers, consumer-oriented Internet companies, and government entities. The company specializes in helping organizations establish infrastructures that facilitate the delivery of cloud-based services, both internally and at a scale suitable for external service providers. 3PAR's enterprise-class storage systems are designed with a clustered architecture that supports multi-tenancy and incorporates features such as self-configuration, self-optimization, self-monitoring, self-healing, and scalability. The company's solutions include a comprehensive hardware platform, an integrated operating system, and a suite of software applications aimed at enhancing data storage and information management.

3PAR

Series A in 1999
3PAR Inc. is a global provider of utility storage systems tailored for mid-sized to large enterprises, financial services firms, cloud computing service providers, consumer-oriented Internet companies, and government entities. The company specializes in helping organizations establish infrastructures that facilitate the delivery of cloud-based services, both internally and at a scale suitable for external service providers. 3PAR's enterprise-class storage systems are designed with a clustered architecture that supports multi-tenancy and incorporates features such as self-configuration, self-optimization, self-monitoring, self-healing, and scalability. The company's solutions include a comprehensive hardware platform, an integrated operating system, and a suite of software applications aimed at enhancing data storage and information management.

Citrix

Pre Seed Round in 1989
Citrix Systems, Inc. is a global provider of workspace, networking, and professional services, focused on enabling secure access to applications and data. Its offerings include Citrix Virtual Apps and Desktops for virtualized workspaces, Citrix Content Collaboration for cloud-based file sharing, and Citrix Endpoint Management for mobile device management. Additionally, Citrix provides networking solutions such as Citrix ADC for application delivery and load balancing, and Citrix SD-WAN for secure connectivity. The company also emphasizes Workspace Intelligence to enhance user workflows through automation and low-code tools. Citrix serves a diverse range of industries, including healthcare, financial services, and government agencies, and markets its products through various channels such as resellers and independent software vendors. Founded in 1989 and headquartered in Fort Lauderdale, Florida, Citrix aims to empower organizations by ensuring critical systems are accessible and secure across different devices and platforms.
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