The Silicon Valley venture capital firm Trinity Partners announced on Monday that it promoted Karan Mehandru to general partner, signaling continued interest in early-stage enterprise technology investments, with a special focus on companies developing software-as-a-service and big data-related products.
Mehandru joined Trinity in 2010 to focus on software-as-a-service, big data, cloud computing and mobile-focused startup companies. He's responsible for the firm's investments in Act-On Software (marketing automation), ScaleArc (databases) and RJMetrics (e-commerce analytics)—he's on the boards of Act-On and RJMetrics—and also works with ShopIgniter (social marketing) and Taulia (supply chain for SAP).
Before Trinity, Mehandru worked for Scale Venture Partners, focusing on SaaS, datacenter infrastructure and enterprise software companies. Before that, he worked at Synopsys (electronic manufacturing automation) and PMC-Sierra (semiconductors).
Menlo Park, Calif.-based Trinity, of course, is known for a number of enterprise investments, including Aruba Networks (enterprise mobility), Crescendo Communications (network switches; acquired by Cisco), Forte Software (client/server software development; acquired by Sun, and thus Oracle) and Speedera Networks (content delivery; acquired by Akamai).
"These markets continue to experience secular trends that create massive opportunities," Mehandru said in a statement.