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Angel Investor (Individual)

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Investments

12

Portfolio Exits

4

About Herb Madan

Herb Madan is an angel investor in privately-held technology companies. He was CEO & Founder of RouteScience Technologies, VP/GM of Service Provider Network and Application Software Business at Cisco Systems, and CEO and Founder of NETSYS Technologies.

Herb Madan Headquarters Location

San Francisco, California,

United States

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Latest Herb Madan News

DataWeave gets series-A funding

Apr 6, 2017

  D ataWeave has raised an undisclosed amount of series-A funding from investors led by one of Japan's largest ad tech companies, FreakOut Group, which has acquired a strategic stake in the business intelligence startup based in Singapore and Bengaluru. Herb Madan, a prolific angel investor from the Silicon Valley , WaterBridge Ventures and a couple of other venture capital firms in India and Singapore also participated in the round. Existing investor Blume Ventures, which had invested in the seed round in the company in 2013 along with other investors, also participated in this round. “The potential for synergies is immense," said Yuzuru Honda, global CEO, FreakOut Holdings. “While DataWeave 's technology analyses online consumer behaviour, FreakOut Group's technology analyses consumers' offline behaviour using smartphone data. Also, by leveraging FreakOut Group's network, DataWeave will be able to expand their business in Asia, including Japan.“ Honda said FreakOut Holdings is interested in investing in Indian startups with high-level technology and potential for worldwide business expansion. “We are also considering further investments, including M&A opportunities in the future," he said. DataWeave is strategically looking to leverage Madan's expertise and exposure to big data. “We will deploy these funds to expand our sales, marketing and customer success initiatives, especially in North America," said DataWeave CEO Karthik Bettadapura. RELATED

Herb Madan Investments

12 Investments

Herb Madan has made 12 investments. Their latest investment was in DeNexus as part of their Seed on August 8, 2021.

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Herb Madan Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

8/3/2021

Seed

DeNexus

$4.25M

Yes

2

4/6/2017

Series A

DataWeave

Yes

5

5/24/2012

Series C

Huddle

$24M

Yes

4

6/8/2011

Angel

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$99M

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0

3/22/2011

Series A - II

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$99M

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0

Date

8/3/2021

4/6/2017

5/24/2012

6/8/2011

3/22/2011

Round

Seed

Series A

Series C

Angel

Series A - II

Company

DeNexus

DataWeave

Huddle

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Amount

$4.25M

$24M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

2

5

4

0

0

Herb Madan Portfolio Exits

4 Portfolio Exits

Herb Madan has 4 portfolio exits. Their latest portfolio exit was Dataguise on November 10, 2020.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

11/10/2020

Acquired

$99M

1

8/8/2017

Acq - Fin

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$99M

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10

6/27/2012

Acquired

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$99M

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0

7/24/2008

Acquired

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$99M

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0

Date

11/10/2020

8/8/2017

6/27/2012

7/24/2008

Exit

Acquired

Acq - Fin

Acquired

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

Acquirer

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Sources

1

10

0

0

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