2014

Sofinnova Ventures Expands Information Technology Team With Addition of Kauffman Fellow Jay Boddu

    SAN FRANCISCO, June 27 /PRNewswire/ -- Sofinnova Ventures, a venture
 capital firm specializing in early-stage life science and information
 technology investments, today announced that Jay Boddu will join the firm's
 IT team. Jay will hold the role of Kauffman Venture Fellow. Working along
 side his IT team members, Jay will focus on infrastructure deals leveraging
 Sofinnova Ventures' practice in the wireless sector and deep corporate spin
 off experience.
     "Jay is an outstanding businessperson and technologist," said Eric
 Buatois, General Partner of Sofinnova Ventures. "His extensive background
 in establishing new products, leading major corporate initiatives, and
 managing groups of people for a cross-section of start-up and public
 companies makes him a valuable asset to our team and our portfolio
 companies."
     About the Kauffman Fellows Program
     Sofinnova Ventures has been actively engaged with the Kauffman Fellows
 Program for several years. Founded in 1994, the 24-month Kauffman Fellows
 Program is designed to develop and network emerging leaders in the venture
 capital industry globally. The program provides a rigorous learning and
 development experience connecting the best of adult learning theory with
 the needs of contemporary venture capitalists and features interactivity
 through case-based activities. Each year the program accepts a select group
 of individuals. Jay is a member of the Kauffman Fellows twelfth class.
     About Jay Boddu
     With more than 15 years in the technology sector, Jay joins Sofinnova
 from Juniper Networks Inc., where he managed the $125 million/year Security
 Gateway platform business. As an early employee at Juniper, Jay led the
 architecture and implementation of key networking technologies that are
 incorporated in virtually all core and access routing platforms developed
 by Juniper today. Jay was instrumental in bringing to market the J-series
 product line that drove Juniper's entry into the $3.5 billion/year customer
 premise routing market. He is also credited with numerous initiatives at
 Juniper including an enterprise Voice-over-IP effort that culminated in a
 joint product development partnership program with Avaya Inc.
     Prior to Juniper, Jay held key technical positions at Sun Microsystems,
 Amdahl Corporation, ATI Research, and venture funded start-ups. Within
 these companies, Jay was responsible for developing market leading products
 including SuperSparc(TM) and UltraSparc(TM) RISC microprocessors, Mpact(TM)
 multi-media processors.
     Jay received a B.Tech in Electrical Engineering from the Indian
 Institute of Technology, Mumbai, India, an M.S. in Electrical and Computer
 Engineering from Iowa State University and an MBA from Santa Clara
 University. He has 14 patents pending or approved and three international
 publications.
     About Sofinnova Ventures
     Founded in 1974, Sofinnova Ventures is a leading venture capital firm
 specializing in spin offs and emphasizing a diversified investment strategy
 through the financing of early stage companies in the life science and
 information technology sectors. Sofinnova's mission is to create value by
 providing entrepreneurs with the resources, experience and networks
 necessary to turn their ideas into profitable businesses. For more
 information, visit http://www.sofinnova.com.
 
 

SOURCE Sofinnova Ventures

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