Leveraging over 25 years of high-tech industry experience, Cindy Padnos is the founder and Managing Partner of Illuminate Ventures. Ms. Padnos focuses primarily in cloud computing sector with a particular emphasis on B2B SaaS applications and platforms, big data/real-time analytics, enterprise social, technology-enabled services and mobile communications investments. Cindy currently serves as a director of privately held portfolio companies BrightEdge, CalmSea, Hoopla and Xactly Corporation.
Ms. Padnos has been an active member of the venture capital community since 2002. Prior to founding Illuminate, she was a director of Outlook Ventures where she was one of three investment professionals responsible for committing the firm’s $140 million fund. During her tenure, Ms. Padnos sourced more than half of the firm’s new investments including companies in the IT infrastructure, software/SaaS, consumer Internet and mobile application spaces and built a track record of performance.
Ms. Padnos has developed a unique and widely recognized set of skills in the Enterprise cloud computing space as a result of her prior experience as an operator and investor. As a serial entrepreneur, Ms. Padnos helped deliver successful outcomes for several venture-backed start-ups and has participated in raising more than $100 million in venture financing for early stage high-tech companies. She was founder and CEO of Vivant, (Acq. EVLV/ORCL) one of the earliest on-demand/SaaS companies, served as president & CEO for Acumen (Pvt. M&A) transitioning the company to web-based delivery and vice president of marketing at Scopus Technology where she positioned the company for its successful public offering (IPO).
Cindy has been named one of the Most Influential Women in Silicon Valley by The New York Times, was selected as one of the Most Influential Women in Technology by Fast Company and one of the Most Influential Women in Business in the Bay Area by the San Francisco Business Times and was designated A Power Player in the Cloud by AlwaysOn. Learn more about Cindy.