The Genius Behind Spinta

Ajit Deora

Ajit brings over 25 years of business, technology, entrepreneurship and investment leadership to CoralTree. He is a partner at LightSpeed Venture Partners, where he provides focus on investment opportunities in India, with interest areas that include semiconductor, datacenter, wireless infrastructure, mobile, consumer Internet and consumer Web services.

Ajit was previously CEO of enKoo, an SSL VPN company for the small-medium business market. enKoo was acquired by Sonic Wall and today is the unit volume leader in SSL VPN. At enKoo, he was honored with the prestigious Person of the Year Award by Service Provider Weekly.

In 2000, prior to enKoo, he founded Beachhead Capital, a leading angel investor venture capital fund. As Managing Partner of Beachhead, Ajit made investments in semiconductor, networking, storage and enterprise software startups, with exits that include Cavium Networks (CAVM), AcmePacket (APKT), Avici Systems (AVCI), Cendura (acquired by Computer Associates), Nishan (acquired by McData), Lara (acquired by Cypress) and Sandburst (acquired by Broadcom).

Prior to Beachhead, he co-founded Chip Engines, a network semiconductor company acquired by Alliance Semiconductor, and Sand Microelectronics, which was acquired by Phoenix Technologies and later spun off via IPO under the name inSilicon. inSilicon was later acquired by Synopsys and now drives a significant portion of Synopsys’ IP revenue. He also founded Silicon Platforms, which was acquired by S3.

Ajit has also held senior engineering and management positions at Western Digital and Intel. He is a charter member of The Indus Entrepreneurs Group (TiE), where he is actively involved in mentoring entrepreneurs. He holds a BSEE from the Indian Institute of Technology, Madras, and a MSCS from University of Kansas, Lawrence.