Meritech Meritech


Paul Madera

Paul Madera was a founder of Meritech in 1999. He currently focuses on the SaaS, financial technology, digital consumer, and medical device sectors.

If Only His F-16 Pilot Buddies Could See The Shoe Clerk Now.

- Mike Gordon

He has led Meritech's investments into BlueArc (Hitachi Data), DataStax, DealerSocket, Facebook (FB), Force10 Networks (DELL), Glaukos (GKOS), MuleSoft (MULE), Openlane (KAR), Panzura, Riverbed Technology (RVBD), (CRM), Yammer (MSFT) and 21Vianet (VNET).

Prior to Meritech, Paul was Managing Director and Head of the Private Equity Group at Montgomery Securities/Banc of America where he assisted tech and consumer-based startups in raising capital. He began his career in finance as an investment banker with Morgan Stanley & Co. in New York. Before joining Morgan Stanley, he served in the United States Air Force as an F-16 Instructor Pilot based in South Korea, Spain, and Utah.

Paul holds a B.S. from the United States Air Force Academy and an M.B.A. from the Stanford Graduate School of Business, and currently serves on the board of the US Air Force Academy Endowment. Paul spends his off hours cycling the hills west of Palo Alto to prepare for "century" rides.

Paul has worked with:


Software and Services

Braze (formerly Appboy) is a lifecycle engagement platform that forms strong bonds between people and the brands they love. Teams use Braze to deliver highly-personalized messaging experiences across channels, platforms, and devices.

21ViaNet (VNET)

Enterprise Infrastructure + Storage

21Vianet is the Beijing-based largest carrier-neutral Internet data center services provider in China.  21Vianet completed its IPO in May 2011.

BlueArc (HIT)

Enterprise Infrastructure + Storage

BlueArc is a leading provider of high performance, highly scalable networked storage systems for businesses of all sizes. It was acquired by Hitachi Data Systems in September 2011.

Danger, Inc. (MSFT)

Mobile & Communications

Danger was one of the first developers of the smartphone. Danger’s “Sidekick” was one of the most popular devices for email and web access in the mid-2000’s before being acquired by Microsoft in 2008.


Enterprise Infrastructure + Storage, Software and Services

DataStax integrates enterprise-ready Cassandra, Apache Hadoop™ for analytics and Apache Solr™ for search, across multiple data centers and in the cloud. DataStax powers the business-critical apps for more than 200 customers, including startups and 15 of the Fortune 100


Software and Services

With over 2,200 customers, Dealersocket is the leading provider of Customer Relationship Management software to the auto dealerships.

Facebook (FB)

Consumer Internet + Media

Facebook's mission is to give people the power to share and make the world more open and connected. Millions of people use Facebook everyday to keep up with friends, share links, photos and videos, and learn more about the people they meet.

ForeScout Technologies

Software and Services

ForeScout is a leading provider of automated security control solutions that give organizations network access control, mobile security, threat prevention and endpoint compliance tools to preempt risks and eliminating remediation costs.

Force10 (DELL)

Enterprise Infrastructure + Storage

The leading provider of Open Cloud Networking equipment for use in the data center and throughout enterprise networks.  Force10 was acquired by Dell in 2011 and competes with Cisco, Juniper and Brocade.


Software and Services

ForgeRock offers the only unified open source identity stack to protect enterprise, cloud, social and mobile applications at Internet scale.

Glaukos (GKOS)

Medical Devices + Services

Glaukos is a provider of the “smallest implantable device in the human body” – a stent that serves as a lower cost alternative to drugs for lowering intraocular pressure caused by glaucoma.

IntraLase (ABT)

Medical Devices + Services

IntraLase develops, manufactures and sells a proprietary femtosecond laser used to create a safe, more precise corneal flap, the first step in LASIK vision correction surgery.


Software and Services

Kinetica DB, Inc. is a company that develops a distributed, in-memory database management system using graphics processing units also called Kinetica. The company has headquarters in Arlington, Virginia and San Francisco.

MuleSoft (MULE)

Software and Services

MuleSoft’s mission is to connect the world’s applications, data and devices. MuleSoft makes connecting anything easy with Anypoint™ Platform, the only complete integration platform for SaaS, SOA and APIs.


Consumer Internet + Media

Nextdoor’s mission is to connect neighbors and neighborhoods for purposes of safety, information, insight and social interaction.

OpenLane (KAR)

Software and Services

OpenLane was the largest online automobile auction site for dealer to dealer and fleet to dealer transactions.  It was acquired in October 2011 by KAR Holdings, the holding company of Adesa, one of the largest physical auto auction site managers.


Enterprise Infrastructure + Storage

Panzura’s Global Cloud Storage System enables enterprise-class cloud storage with NAS-like functionality for a globally-distributed workforce.

Prosper Marketplace

Consumer Internet + Media

The first and leading provider of peer-to-peer lending.  Prosper users have loaned more than $280 MM among 1.1 million members.

Riverbed (RVBD)

Enterprise Infrastructure + Storage

Riverbed is the leading provider of Wide Area Network acceleration solutions – software and appliances that accelerate communications over the web. 

Salesforce (CRM)

Software and Services

Salesforce is the leading provider of Customer Relationship Management software in the world.  The Salesforce solution pioneered the introduction of SaaS as a method of delivering software.


Medical Devices + Services

With breakthrough Multisonic Ultracleaning™ technology, Sonendo is elevating the level of clean throughout endodontics and dentistry. By introducing broad spectrum acoustic technology and reducing doctors’ reliance on conventional instrumentation, Sonendo is saving teeth, transforming endodontics and changing patients’ lives.


Consumer Internet + Media

Wonga is a UK-based provider of short term credit to consumers.  Wonga was named the fastest growing technology company in Europe in 2011 by the Sunday Times.


Software and Services

Yammer brings the power of social networking inside the enterprise in a private and secure environment.