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Scale Venture Partners Hires EDA Specialist
From Synopsys
As Associate Karan Mehandru to Focus on Identifying Technology
Investments
November 15, 2007Foster City, Calif. – Nov. 15, 2007 – Scale Venture Partners today announced that it has hired Karan Mehandru as an Associate on the firm's technology team. Mehandru will focus on identifying investment opportunities including semiconductor, MEMS, consumer electronics, and datacenter infrastructure companies. Mehandru joins ScaleVP from Synopsys, Inc., where he was a Sales Account Manager in the company's Portland, Oregon office. "ScaleVP invests in emerging leaders in large markets, such as power management, low-cost computing, and communications," said Jim Jones, Managing Director with Scale Venture Partners. "Karan's combination of technical and sales skills will help us continue to target the best companies and help them achieve scale." While at Synopsys, Mehandru was instrumental in closing more than $40 million in strategic and territorial design wins during 2006 and 2007. He also led marketing, applications and sales efforts for his team's top accounts, and worked closely with the company's strategic customers and the product management team on the development of new products. Previously, he was a Senior Applications Consultant for the company's implementation product line. Prior to Synopsys, Mehandru was an implementation manager with a focus on the fabless semiconductor market for PMC-Sierra in Vancouver, Canada. During his five years with PMC-Sierra, Mehandru led and managed design implementation of large scale ASICs targeted for the telecommunications, storage and networking markets. Mehandru successfully led PMC-Sierra's design implementation team through their first customer ASIC project with Cisco Systems. Mehandru graduated from Carleton University in Ottawa, Canada with an Honors Bachelor of Electrical Engineering degree with high distinction. He also holds a Master's degree in Management Science and Engineering from Stanford University, with a specialization in Technology and Entrepreneurship. During 2007, Scale Venture Partners has completed its first institutional fundraising, announced funding for five companies, and completed six exits, including the IPOs of Orexigen Therapeutics and Glu Mobile. An early healthcare investment for the firm, IPC The Hospitalist Company, Inc., also recently filed an S-1. About Scale Venture Partners
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