Sierra Ventures Adds Industry Veteran, Tim Stanley, As Partner To Expand Business Development

SAN MATEO, Calif, March 23, 2015 /PRNewswire/ -- Sierra Ventures is pleased to announce that Tim Stanley has joined the firm as a Partner, leading Business Development, Marketing, Strategic Partnerships and Programs.

Stanley will work with Sierra's entrepreneurs, investors, and the strategic partners that make up the Sierra Advisory Network. In this capacity he will evolve and enhance successful programs like the Sierra CIO Summit and Strategic Advisory Board, and lead several new initiatives as part of the Sierra Ascend program.

"Tim brings valuable breadth and depth of experience from a variety of 'CXO' roles as well as unique perspectives as an entrepreneur and investor," said Tim Guleri, Managing Director at Sierra Ventures. "He's a well-regarded executive with entrepreneurial enthusiasm and tech savvy connections that add huge value to Sierra's portfolio of entrepreneurs, investors, companies and strategic partners. This move further strengthens our ability to attract, invest and cultivate the best early stage technology innovations and entrepreneurs at Sierra Ventures."

"I'm absolutely thrilled to join the Sierra Ventures team in this role," said Tim Stanley. "The opportunity to leverage my diversity of career experiences, passion for innovation, and appreciation for the amazing opportunities and difficult challenges faced by entrepreneurs and enterprises today, makes this a dream job. I am excited to contribute to Sierra's solid reputation and successful track record, while further developing and differentiating our powerful Strategic Advisory Network, key Partnerships and new Programs and Capabilities that will scale and accelerate our ability to identify and engage the next generation of innovative companies."

Prior to joining Sierra Ventures, Stanley was founder and CEO of Tekexecs, and SVP of Enterprise Strategy & Industry Solutions at Salesforce.com. Tim has also held various CXO, Board of Director and other operating roles at Caesars/Harrah's Entertainment, Multimedia Games, JetBlue Airways, National Airlines, Intel, and Kimberly Clark. He began his career as a US Air Force officer.

Tim holds a joint International MBA and Management of Technology degree from the Thunderbird School of Global Management and Arizona State University, as well as a Bachelor of Science in Engineering from the University of Washington. He develops and teaches MBA and executive level courses on business, technology, innovation and digital transformation as an adjunct professor at the University of California and for other executive education programs.  

About Sierra Ventures
Founded in 1982, Sierra Ventures is a privately held venture capital firm that invests in early-stage emerging technologies and innovative business solutions. Sierra Ventures is known for it's experienced investment team and proven 'hands on' entrepreneurial approach. The firm seeks out, invests in and evolves promising early stage start-ups to meet enterprise and consumer scale market demands by leveraging the team's unique skillsets, differentiated approach and proprietary capabilities.

A few of Sierra Ventures recent successful exits include the IPOs of InvenSense, Sourcefire, AuthenTec, and the acquisitions of Ooyala (by Telstra), Nexgate (by Proofpoint), Greenplum (by EMC), DynamicOps (by VMWare) and Bina Technologies (by Roche). Sierra has also backed prominent technology companies including Intuit, Healtheon, Active Software, Micromuse and Teradata.

For more information visit Sierra Ventures at http://www.sierraventures.com.

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SOURCE Sierra Ventures

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