Ajay leads the west coast office for Bain Capital Ventures where he focuses on early-stage software investing. Prior to Bain Capital Ventures, Ajay was head of sales and marketing at Trilogy where he grew annual revenues to $300 million and led Trilogy’s product expansion into new areas such as enterprise pricing and incentive management. Prior to Trilogy, Ajay was a consultant with the Los Angeles office of McKinsey & Company.
Ajay has a BS in electrical engineering from Stanford University and an MBA from the Harvard Business School. Ajay also holds a patent for the “Method and Apparatus of Configuration Solutions.”
At Bain, Ajay’s passion is working with early-stage founders on team-building, culture, iteration of product market fit, and scaling the early go-to-market operations. His primary investment themes include commerce enablement, the revolution of the sales and marketing functions, and the use of big-data to transform business applications. In 2012 and 2013, Ajay was named to the Forbes Midas list of Tech’s Top 100 Investors.
In addition to his firm and portfolio company responsibilities, Ajay serves as the National Board Chair for BUILD, a not-for-profit dedicated to helping underprivileged high school students attend college.
John co-founded August Capital in 1995. Prior to that he served as a general partner with Technology Venture Investors (TVI) from 1988, and Hambrecht & Quist Venture Partners (H&Q) from 1983 to 1988. During his venture career, John has invested in more than 25 technology companies, serving on more than 20 boards of directors.
From the mid-80s to the mid-90’s John’s primary focus was in software, where he was an investor in companies including Sybase (NYSE:SY), Intuit (NASDAQ: INTU), Visio (NASDAQ: VSIO, acquired by Microsoft), Frame Technology (NASDAQ: FRAM, acquired by Adobe), Saros (acquired by Filenet), and Logic Automation (acquired by Synopsys).
Since the mid-90’s, John’s primary focus has been internet commerce and software as a service companies and he has been an investor in companies such as Postini (acquired by Google), Shopping.com (NASDAQ: SHOP, acquired by eBay), eShop (acquired by Microsoft), and Cygnus Solutions (acquired by RedHat).
In addition to his U.S. venture capital experience, John worked in Hong Kong for five years at a pioneering Asian venture capital firm, Inter-Asia Management Co., Ltd. (IAM). While at IAM, he participated in investments such as McDonald’s Restaurants (HK) Ltd. and Ikea Furniture (HK) Ltd., and was active as a board member in the management of several portfolio companies.
John received an AB in English from Princeton University and an MBA from Harvard University. He is a past director of the Western Association of Venture Capitalists.
Current Board Affiliations: Adchemy, AvantCredit, Devicescape, Inrix, Uptake and Urban Airship.
Previous investments: Cygnus Solutions (acquired by RedHat), Enuvis (acquired by SiRF), eShop (acquired by Microsoft), Frame Technology (acquired by Adobe), Intuit (NASDAQ: INTU), Logic Automation (acquired by Synopsys), Postini (acquired by Google), Saros (acquired by FileNet), Radlan (acquired by Marvell Semiconductor), Summit Microelectronics, Sybase (NYSE: SY), Valicert (acquired by Tumbleweed), Visio (acquired by Microsoft) and Xilinx (NASAQ: XLNX).
Experience:Mr. Caldbeck joined Bain Capital Ventures in 2005. Prior to joining Bain Capital Ventures, Mr. Caldbeck worked at McKinsey & Company, where he advised a variety of senior telecommunications and media clients on a range of strategic and operational issues.Education:Mr. Caldbeck received his MBA from Harvard Business School and his BA in Economics cum laude from Duke University.A Sample of Current and Historic Companies:AdReadyBloomReachMagazineRadarOyster Hotel ReviewsTheFind
Adify, Atrenta, AwarePoint, DATAllegro, Intercasting Corporation, Martini Media Network, Personal Capital, RelayHealth, Retail Solutions, SmartBiz Loans, SocialShield, Vocera Communications, Winery Exchange, and WisdomArk
Adchemy, Airship, Avant, Devicescape Software, Postini, Shopping.com, and threadsy
AdReady, BloomReach, DNA Games, SideCar Technologies, and TaskRabbit