Board Of Directors

Anindya Datta

Scott Jacobson

Jay Clark

Venkat Raju

Scott Jacobson
Scott joined Madrona in 2007 and currently serves on the boards of Haiku Deck, Indochino, LUMO BodyTech, RewardLoop, and Yieldex, and is a board observer for AdReady, Animoto, BuddyTV, Decide, Mercent, Optify, Redfin, Sewichi, and ShopIgniter. Scott also served on the board of Jambool prior to its acquisition by Google in 2010."I was attracted to Madrona because of the firm's partnership approach to investing. As an early-stage investor, we are truly rolling up our sleeves and partnering with the entrepreneurs we back on a day-to-day basis. We really do invest a lot of ourselves in our companies." Scott is particularly interested in consumer web, digital media, and mobile technologies that present opportunities for major disruption of large, established markets.

Prior to joining Madrona, Scott worked at, where he held senior product and business management positions in the Amazon Kindle and Amazon Marketplace groups. He led several key initiatives, including the international rollout of Amazon's Merchants@ platform. Earlier in his career, Scott was a Senior Consultant in Accenture's strategy consulting practice, where he worked with clients in enterprise software, retail, and energy sectors.

Scott graduated cum laude from Northwestern University, where he received his bachelor's degree in Applied Mathematics and Economics. He received an MBA from the Stanford Graduate School of Business, where he was an Arjay Miller Scholar.
Venkat Raju
Mr. Venkat Raju, based in Bangalore, is an active angel investor and also serves as a mentor & advisor to his investee companies. His current investments cover a wide spectrum spanning Cloud Computing & SaaS, Big Data & Analytics, Mobility & Payments, and next-gen E-Commerce. Yet there is a common theme - all these companies have innovative technologies with disruptive business models and/or launching products with potential to scale globally.

Mr. Raju is an accomplished entrepreneur & seasoned executive with strong business, technology and general management credentials. Most recently, he served as the India Country Head & Managing Director for ACI Worldwide Inc., a leading global payments solutions provider. He has held several roles including as - an Entrepreneur (CEO & Founder of startups backed by Kleiner Perkins, Benchmark Capital etc. in Silicon Valley), an IT Executive (Managing Director & VP positions at Merrill Lynch, Morgan Stanley and Deutsche Bank) in Wall St, Product Executive (GM & SVP Products at VerticalNet in San Francisco), Chief Technologist (Chief Architect for British Telecom in London) and as a Management/Strategy Consultant (owner of a boutique firm focused on Cloud Computing & Saas in New York).

Mr. Raju has deep domain expertise in several verticals including High Tech, Financial Services, and Telecom. He is well connected to the wider technology, analyst and venture community in the U.S, and Wall Street. He has lived and worked in three continents, has led global teams and has a strong understanding and appreciation for various cultures. His interests include Public Policy, International Relations, Global Finance & Politics. He is an alum of Boston University (Management & Business) and Indian Institute of Science (Electrical & Electronics Engineering).

Mr. Raju has a track record of realizing sustainable business value by promoting & adopting advanced, emerging concepts & technologies. As a past Fortune 500 Operational Executive, a Silicon Valley Technology Entrepreneur, an Active Investor in technology companies, and past Advisor to Venture Capital firms he has a lot to offer.
Jay Clark
Jay brings over twenty years of experience leading global technology organizations through hyper-growth, transition and turnaround environments. He has built and inspired teams in multiple geographies including North America, Western Europe, Southeast Asia and India.

His career spans the small product startup, mid-size and large multi-billion dollar company enterprises - privately held and publically traded. He has held global leadership roles in EDS, Syntel and CGI including sales, delivery, niche acquisition and full operational responsibilities.

Jay subscribes to the John Maxwell philosophy that "Everything rises and falls on leadership." He believes the ultimate success of any worthwhile venture is fully attributed to the team that is assembled and then inspired to do great things!


Founded in 1995, Madrona Venture Group brings together the resources, experience, teams, and strategic relationships to build the next generation of leading technology companies in the Pacific Northwest.

Madrona has a diversified portfolio of early-stage, technology-driven companies in the areas of Consumer Technology, Enterprise Software and Services, Digital Media and Advertising, Networking and Cloud Services, and Mobile. Representative successful investments include,,, Isilon Systems, ShareBuilder, and World Wide Packets.

Managing more than US$200 million worth of funds, Infocomm Investments invests alongside leading VCs in growth-stage IT startups. Through its work, it aims to attract and nurture a vibrant pool of entrepreneurs and startups to enhance the technological depth and diversity of Singapore's tech scene.

Started in April 2006, the Indian Angel Network is a unique concept which brings together highly successful entrepreneurs and CEOs from India and around the world who are interested in investing in startup / early stage ventures which have the potential of creating disproportionate value. The Network, in addition to money, provides constant access to high quality mentoring, vast networks, and inputs on strategy and execution. The Network members, because of their background, are better able to assess the potential and risks at the early stage.

Since its establishment in 1990, JAFCO Asia has grown to become a leading brand in the venture capital industry in the Asia Pacific region. Currently, JAFCO Asia has registered entities in Singapore, Hong Kong, Taipei, Seoul, Beijing and Shanghai.

With more than US$650 million funds under management currently (more than US$1.2 billion cumulative to date), JAFCO Asia's experienced investment team has invested in over 388 companies in 13 countries (Hong Kong, China, Taiwan, South Korea, Singapore, Malaysia, Indonesia, Thailand, Philippines, Australia, India, Israel and Vietnam) and divested more than 289 companies of which at least 92 have been publicly listed.

Since the new millennium, JAFCO Asia has shifted its focus entirely to technology related investments and is now one of the pre-eminent venture capital technology investors in the region. We believe that our existing portfolio in the Asia Pacific region and the worldwide business network offer our portfolio companies significant potential for synergistic partnerships.

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