Tyler Welt
Business Development, Client Software Ecosystem at Intel Corporation
Portland, Oregon
Overview
Work Experience
Business Development, Client Software Ecosystem
2021 - Current
Engaging the ISV ecosystem in strategic partnerships that can leverage Intel's capabilities for advanced security and AI solutions. Specific focus on software companies that are building AI/ML driven solutions that can leverage Intel Threat Detection Technology and novel AI use cases.
Investor, Intel Capital
2017 - 2021
Led all aspects of the investment process from deal sourcing and assessment to investment committee presentation, deal structure negotiation and close. Served on boards as key advisor to several companies. Developed domain expertise in cybersecurity and enterprise SaaS.
Director of Finance, Data Center Group
2015 - 2017
Led all aspects of financial planning and strategic analysis. Managed an organization of nine reports. Key activities included providing finance leadership to support the launch of a critical new business for Intel.
Director of Financial Planning and Analysis, Information Technology
2011 - 2015
Led all aspects of IT financial planning and reporting. Managed a ten-person organization. Key activities included optimizing and prioritizing a $1.3B budget with over 5,000 employees.
Senior Finance Manager, Intel Capital
2004 - 2011
Provided finance support to three Managing Directors and their staffs. Partnered with deal teams to analyze and structure investments for optimal strategic and financial return. Managed all aspects of Intel Capital budgets and planning.
Finance Manager, Technology Manufacturing Group
2002 - 2004
Managed a team of five analysts tasked with forecasting, analyzing and reporting cost data to ensure financial controls and drive cost savings. Led a task force to ensure compliance with Sarbanes-Oxley legislation.
Senior Finance Analyst, Intel Communications Group
2000 - 2002
Led a team tasked with forecasting, analyzing and reporting financial information for ICG. Headed a bi-weekly forum reporting revenue and inventory issues to division General Managers.
An ecosystem of software & hardware vendors, integrators and solution providers focused on adoption of NFV and SDN-based solutions.
Investor
2021 - 2021
3D Glass Solutions, Inc. (3DGS) is a leading manufacturer of high performance, 3D RF and Photonic Passive Components.
Board Observer
2021 - 2021
ZeroFOX provides cloud-based software as a service for organizations to detect risks found on social media and digital channels, such as phishing, malware, scams, impersonator accounts, piracy, counterfeits and more. Nasdaq (ZFOX) August 2022.
ZeroFox provides external cybersecurity solutions to help organizations identify, manage, and mitigate social media-based cyber threats.
Raised $324,200,000.00 from Monarch Alternative Capital, Corbin Capital Partners, James Foster, Highland Capital Partners, The Blue Venture Fund, Alsop Louie Partners, Victory Park Capital, Forgepoint Capital, New Enterprise Associates and Peloton Equity.
Board Observer & Investor
2019 - 2021
Tibit Communications is developing next-generation pluggable devices designed to virtualize the access network using industry leading Ethernet switching equipment. With Tibit, network operators can create a new on-ramp to the internet managed virtually from the cloud to the user. Acquired by Ciena November 2022.
TiBiT Communications offers a disruptive technology that will fundamentally change the way broadband access.
Raised $84,942,682.00 from Juniper Networks, Swisscom Ventures, Intel Capital, Solasta Ventures, Ciena and Liberty Global.
Investor
2018 - 2021
Fortanix protects data at rest and during motion, keeping keys and applications completely protected from external and internal threats, whether deployed on-premise or on any cloud provider.
Fortanix is a data-first, multicloud security company that delivers data protection solutions using runtime encryption.
Raised $135,250,000.00 from Intel Capital, IQT, GS Growth, Neotribe Ventures, Foundation Capital and GiantLeap Capital.
Board Observer & Investor
2017 - 2021
TrapX Security is the world leader in cyber deception technology. TrapX provides an automated security grid for adaptive deception and defense that intercepts real-time threats while providing actionable intelligence to block attackers. Acquired by Commvault February 2022.
TrapX Security provides deception-based cyber security defense that rapidly detect, deceive, and defeat advanced cyber attacks.
Raised $47,710,000.00 from Ibex Investors, BRM Capital, Opus Capital, Intel Capital, Strategic Cyber Ventures and Liberty Technology Venture Capital.
Investor
2019 - 2021
Capsule8 provides lightweight protection that provides runtime visibility, threat detection and response for Linux infrastructure in the cloud or datacenter. Acquired by Sophos July 2021.
High-performance attack protection for Linux production environments – whether containerized, virtualized, or bare-metal, on-prem or cloud
Raised $30,000,000.00 from Intel Capital, Rain Capital, Bessemer Venture Partners and ClearSky.
Board Observer
2020 - 2020
NanoSemi develops intellectual property based upon machine learning to improve communication and other systems. Acquired by MaxLinear September 2020.
Investor
2020 - 2020
Founded in 2014 to deliver a modern approach to authentication and securing identity, Preempt provides the market's first Zero Trust and Conditional Access solution for continuously detecting and preempting threats based on identity, behavior and risk. Acquired by CrowdStrike September 2020.
Preempt secures all workforce identities everywhere.
Raised $27,500,000.00 from Intel Capital, Blackstone Group, ClearSky and General Catalyst.
Assistant Vice President, Commercial Banking
1997 - 2000
Cultivated and managed commercial banking relationships with local companies. Prospected the market for new business opportunities, structured loan facilities and provided exceptional service to clients.
Union Bank specializes in savings accounts, credit card solutions, mortgage products, and wealth management services.