I&I5: How the HR Technology Landscape Is Changing:
The Silicon Valley VC View
Thursday 06 October
04:00 PM – 05:00 PM
Every year, Silicon Valley venture capitalists invest hundreds of billions of dollars in promising solutions to problems in all business spectrums. In recent years, HR technology has innovated its way to the forefront of the technology world, and VCs are taking note. With 20+ years of experience as a VC and entrepreneur in Silicon Valley, Nick Sturiale understands what makes VCs so interested in investing in HR tech and how the HR software landscape has changed — he’ll share all his insights with you, as well as describe what’s in store for the future. You’ll leave with a better understanding of the major market trends, and how you can get ahead of the curve as you plan your organization’s future HR technology investments.
Nick Sturiale joined Ignition in 2013, as managing partner and oversees the Silicon Valley office. Nick spent the first 12 years of his career as an entrepreneur in three startups. He was founding CEO and Director of Timbre Technologies, a manufacturing analytics software company, which won the 1999 UC Berkeley Business Plan Competition and was acquired by Tokyo Electron at a 17X cash on cash multiple. As a VC the last 16 years, Nick’s has invested broadly in data center and cloud infrastructure as well as front office application software startups. He’s been directly involved in over 100 startups and sat on more than 30 boards. Nick co-led the first investment in Splunk (SPLK) – with the three founders incubating the company in his office – growing to now over 2000 employees and approximately $8B in market capitalization. Nick also incubated XenSource, a virtualization company that was acquired by Citrix for $500M. Nick’s companies have generated $700M in realized returns from approximately $100M in investment cost. Nick currently sits on the boards of Acalvio, Accompany, Aviatrix, BlueData, Nymi, Hightail and Unitive. Nick graduated from the University of California Berkeley with a MBA, where he is a frequent guest lecturer and currently sits on the Haas School of Business Dean’s Advisory board.