Mark Fernandes
Managing Director at Sierra Ventures
Mark Fernandes
Managing Director at Sierra Ventures
San Mateo, California
Overview
Work Experience
Managing Director
2002 - Current
Mark Fernandes is a Managing Director at Sierra Ventures. His prior investments include Sourcefire (IPO; Cisco $2.7B acquisition), Ooyala (Telstra), Frontbridge and Opalis Software (both acquired by Microsoft) RedLock (Palo Alto Networks) and DynamicOps (VMware). He currently serves on the boards of Reify Health, Yalo, Spectro Cloud, Paro and a few other companies. He started the Sierra CXO Advisory Board which now has over 75 F2000 executives.
Sierra Ventures is an early-stage venture firm investing globally with a focus on next generation enterprise and emerging technologies.
Board Of Directors
2018
Transforming patient recruitment for clinical trials
Reify Health is a cloud-based software company that develops tools for the clinical trial ecosystem.
Raised $479,630,000.00 from Altimeter Capital, Dragoneer Investment Group, ICONIQ Growth, Battery Ventures, Adams Street Partners and Coatue.
Board of Directors
2019
Enterprise Kubernetes management
Spectro Cloud uniquely enables organizations to manage Kubernetes in production, at scale.
Raised $162,500,000.00 from Goldman Sachs Alternatives.
Board Of Directors
2018
CRM platform built on WhatsApp
Yalo develops an AI-based customer relationship management platform used to help businesses offer a delightful customer experience.
Raised $112,999,988.00 from Glisco Partners, Bossa Invest, B Capital and Endeavor Catalyst.
Board of Directors
2019
Talent matching platform for finance professionals
Paro provides on-demand bookkeeping and financial services powered by AI technology.
Raised $68,500,000.00 from Top Tier Capital Partners, Revolution Ventures, Sierra Ventures and Madrona.
Board of Directors
2015
Board of Directors
2013 - 2022
Zimperium was acquired by Liberty Strategic Capital for $525M
Zimperium is a mobile security startup that offers protection for mobile devices against the next generation of advanced mobile attacks.
Raised $72,000,000.00 from Sierra Ventures and SoftBank.
Board Of Directors
2016 - 2018
RedLock was acquired by Palo Alto Networks in 2018.
RedLock develops an infrastructure security platform designed to provide deep security visibility for dynamic environments.
Raised $12,000,000.00 from Sierra Ventures, Palm Drive Capital, Storm Ventures and Dell Technologies Capital.
Board of Directors
2008 - 2014
Ooyala was acquired by Telstra for $420M in 2014
Board of Directors + Lead Investor
2002 - 2013
Sourcefire went public in 2007 and was acquired by Cisco for $2.7B in 2013.
Sourcefire provides enterprise threat management solutions for IT infrastructures of various industries.
Raised $40,500,000.00 from Meritech Capital Partners, Sequoia Capital, Core Capital Partners, New Enterprise Associates, Inflection Point Ventures and Sierra Ventures.