Venkat Raghavan

Operating Partner at Benhamou Global Ventures

San Francisco Bay Area

Overview 

Venkat Raghavan is a seasoned CEO and Founder currently leading Stack Identity, noted for his expertise in business strategy and cybersecurity. With a background including executive roles at IBM and Blue Coat Systems, he has successfully navigated corporate development and product management, and has made strategic investments in startups like Spyderbat.

Work Experience 

  • Founder and CEO

    2020 - Current

    Stack Identity protects cloud data by prioritizing identity and access vulnerabilities via a live data attack map. We help you remediate all types of access risks – human and API-based, guiding SecOps teams to take definitive action and provide CISOs with an honest view of cloud security risks. We enable data risk monitoring, identity vulnerability monitoring, identity behavior and activity monitoring, and support governance, audit, compliance, and remediation. We empower enterprise cloud security teams to quickly identify every data access pattern; who, what, when where and why there is data access and its impact on data security.

Stack Identity transforms cloud IAM operations to secure cloud data, applications and software

Raised $4,000,000.00 from Benhamou Global Ventures, WestWave Capital, Plug and Play and Plug and Play.

  • Operating Partner

    2020

  • Technology Advisor

    2019 - 2022

Benhamou Global Ventures is a venture capital firm sourcing startups to build them into the next-generation of B2B technology companies.

Raised $150,000,000.00 from Nate Rosenthal.

  • Board Observer

    2020

Peritus.ai leverages machine learning to empower developers with a recommendation engine.

Raised $7,700,000.00 from First Rays Venture Partners, Benhamou Global Ventures, Benhamou Global Ventures, Ideaspring Capital, Robin Purohit, Santhosh Srinivasan, Ideaspring Capital and The Hive.

  • Board Observer

    2020

The leading software for integrating accessibility into web and mobile development.

Raised $57,000,000.00 from Engineering Capital, Insight Partners, Capital One Ventures, Benhamou Global Ventures and M12 - Microsoft's Venture Fund.

  • Member, Board Observer

    2020

Cloud Native Runtime Security from Spyderbat detects and stops attacks throughout your Software Development Lifecycle (SDLC).

Raised $14,200,000.00 from John McHale, NTT Venture Capital, LiveOak Ventures and Benhamou Global Ventures.

  • Vice President AI Thomas J Watson Research Center

    2017 - 2019

    Enterprise AI Business strategy with portfolio planning, market & competitive dynamics, product-market fit and development of an Enterprise AI Roadmap. Operational execution and governance framework to implement the AI Roadmap across IBM Businesses.

  • Vice President IBM Research Strategic Business Development

    2015 - 2017

    Successfully developed, incubated and launched early stage research technologies into new commercial businesses and new product offerings - Blockchain, AI infused Cloud Native Service Management, IoT powered Worker Safety and Compliance, Advanced Threat Defense, AI powered Digital Identity Verification, KYC, Track and Trace and Cognitive Discovery (AI powered Search for industrial applications).

IBM is an IT technology and consulting firm providing computer hardware, software, infrastructure, and hosting services.

  • Senior Vice President Corporate Development and Strategy

    2013 - 2015

    Built and executed corporate development strategies to reposition Blue Coat as a next generation enterprise security market leader. Drove strategic acquisitions that resulted in Netronome assets (SSL Proxy Orchestration), Solera Networks (Security Analytics) and laid the foundation for CASB (Cloud Access Security Broker) acquisition that completed Blue Coat’s credible transformation as an enterprise security leader.

  • Senior Vice President Product Management and Engineering

    2012 - 2013

    Brought in by CEO Greg Clark to turnaround and reposition Blue Coat as a next generation enterprise security leader after Blue Coat was taken private by Thoma Bravo Private Equity. .Transformed and repositioned Blue Coat from a single product franchise to a next generation enterprise security market leader, drove organic innovation, and accelerated new product development. Oversaw Products, Engineering, Threat Research. The security transformation agenda stabilized and accelerated new product development, revitalized organic innovation and repositioned Blue Coat Secure Web Gateway as the security orchestration layer for policy-based control of egress and ingress traffic. Led world class global teams (600+ development, engineering, support and product management) across Sunnyvale, Salt Lake City and Waterloo Canada. Galvanized engineering and product teams around the new security pivot and transitioned Appliance-based deliver to Cloud and "As-A-Service".

Blue Coat provides advanced enterprise security.

Raised $8,700,000.00 from TCV.

  • Director Engineering and Advanced Threat Research IBM Security

    2009 - 2012

    Developed and scaled agile Global Product organization (300+ engineering professionals) nurturing security skills and leadership across global labs: Atlanta, Austin, Australia, Beijing and Singapore. Developed and scaled X-Force Research organization into a preeminent World class Threat Research organization. Turned around the difficult acquisition and under performance of Internet Security Systems. Delivered world class products in Network Intrusion Protection, Security Virtualization and IT security lifecycle management solutions with the new engineering organization, boosting morale and productivity Created and operationalized PSIRT (Product Security Incident Response Team) program across all of IBM. Exceeded various process metrics for development efficiency, code quality, code serviceability, defect management, customer support metrics.

  • Director, Product Management and Strategy - IBM Security

    2006 - 2009

    As a founding leader of IBM security, built and established IBM as an enterprise security powerhouse and trusted brand. Aggressively grew revenue, market share and expansion into new market segments. Constructed and executed the security portfolio that grew revenue from ($18M in 2000 to ~700M by 2011), established top market leadership in 8 Gartner Magic Quadrants and Forrester Waves, established IBM as a dominant security leader in revenue and market share and positioned IBM as a trusted enterprise security brand in the Global 2000. Built a world class product organization that delivered extraordinary category leadership across all enterprise security market segments as measured by Gartner and Forrester. Developed category leadership products: IAM / IAM-G, Application Security, Database Security, Encryption & Key Management, Host/Network IDS/IPS, Advanced Threat Defense, SIEM, IT Operations, IT Service Managements. Introduced new categories in Federated Identity, Policy-driven Security and Virtualization Security. Integrated 6 acquisitions into highly cohesive IBM security community that sustained IBM Security leadership.

IBM is an IT technology and consulting firm providing computer hardware, software, infrastructure, and hosting services.

  • Program Director - Security Segment Strategy and Products

    2000 - 2006

    Developed the cyber security segment strategy and product blueprint for IBM security. Built a world class product management and market management organization. Grew market share, every year in the Global 2000 Enterprise and developed IBM into a powerhouse in enterprise security.

IBM is an IT technology and consulting firm providing computer hardware, software, infrastructure, and hosting services.

  • Director Product Management

    1998 - 2000

    Developed the product strategy for Web Access Management which included the HTTP Reverse Proxy, Web Authentication, Web SSO, Access Control and Authorization capabilities. DASCOM pioneered Internet and Web Security and the integrated security platform enabled enterprise clients to securely deploy e-business applications for B2C, B2B and B2E users. DASCOM was acquired by IBM (2000) and the technology became the growth engine for IBM’s e-business strategy.

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