Over the past 20 years, some of the greatest success stories in technology have come from companies building products that powered IT infrastructure: applications, databases, servers, networks, storage, and security. These companies created highly differentiated technologies often through the combination of proprietary hardware and proprietary software. Today, many of these critical infrastructure elements are viewed as commodities — a basic service or good used for commercial production.
Now, some of the most exciting companies are not building products for critical infrastructure but instead are powering the revolution of mobile, consumer, and personalized Internet experiences. They often leverage lots of low-cost, commodity hardware and open-source software increasing in the form of hosted cloud-services (IaaS, PaaS, SaaS). Does this mean infrastructure startups are less useful or less interesting? Are there new opportunities for a new type of infrastructure innovation? We will explore these questions in the presentation from a VC investor at Venrock, one of the original venture capital firms founded by the Rockefeller family set- ting a foundation of investment in Silicon Valley with companies like Apple and Intel Corp. Venrock was among the largest investors of Checkpoint, PGP, Vontu, Imperva, CloudFlare, and Shape Security. Earlier this year, Venrock was ranked in the top 2 venture capital firms with highest percent of IPOs.
Doug Dooley focuses on investments in cloud-centric technologies, infrastructure, security and big data analytics from Venrock’s Palo Alto office. Before joining Venrock, Doug spent almost two decades as an entre- preneur and technology executive at some of the most innovative and market dominate technology infrastructure companies ranging from large corporations like Cisco and Intel to security and virtualization startups like Neoteris, NetScreen, and RingCube. Doug was the vice president of product management for Coraid, an Ethernet block storage startup. Before working on storage, Doug was an executive leading Cisco’s desktop virtualization product team responsible for the definition, development, and delivery of a complete VDI solution con- sisting of data center, networking, collaboration, and end-user device elements.Before Cisco, he was vice president of marketing and product management at virtual desktop startup, RingCube acquired by Citrix now part of XenDesktop. Prior to RingCube/Citrix, he was one of the early employees of Neoteris who pioneered the SSL VPN market. Doug became a director of technical and product marketing overseeing Juniper Networks entire security portfolio joining through the $4 billion dollar double acquisitions of Neoteris and NetScreen. Doug received his B.S. (cum laude) in computer engineering from Virginia Tech.