Cindy Padnos is the founder and Managing Partner of Illuminate Ventures. Padnos focuses primarily in cloud computing sector with a particular emphasis on B2B Software-as-a-Service (SaaS) applications and platforms, big data/real-time analytics, enterprise social, technology-enabled services and mobile communications investments.
She currently serves as a director of privately held portfolio companies BrightEdge, CalmSea, Hoopla and Xactly Corporation. Prior to founding Illuminate, she was a director of Outlook Ventures, where she sourced more than half of the firm's new investments including companies in the IT infrastructure, software/SaaS, consumer Internet and mobile application spaces.
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Description
Investor Cindy Padnos explains why she chose to found Illuminate Ventures in 2009, based on trends she saw in how business processes were being altered due to major shifts in technology. "I am still an entrepreneur at heart," says Padnos, "and when you see an opportunity, you take advantage of it and create something new."