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Index Ventures’ Shardul Shah On ‘The VC Spring’ And Stunning Wiz Growth

crn.com · 1,720 words · saved by 1 readers

The climate for venture capital investing is significantly improving following the “VC winter” of recent years, particularly in terms of cybersecurity startup investing, Index Ventures Partner Shardul Shah told CRN. “It definitely feels like we're in the VC spring,” said Shah, who noted that Index has had one of the busiest periods in its nearly three-decade history when it comes to investments. [Related: The 20 Coolest Cloud Security Companies Of The 2024 Cloud 100] “I feel like 2024 has been, overall, a change of season,” he said. Shah, a partner at Index Ventures since 2008 who is based in New York, led the firm’s early investment into cloud security vendor Wiz, which went on to become the top-valued cybersecurity unicorn (with a $10 billion valuation) amid an unprecedented growth rate in the security industry (recently reaching $350 million in annual recurring revenue after launching in 2020). Other major investments led or co-led by Shah have included Datadog, Coalition and Expel.

Index Ventures’ Shardul Shah On ‘The VC Spring’ And Stunning Wiz Growth Index Ventures’ Shardul Shah On ‘The VC Spring’ And Stunning Wiz Growth ‘I feel like 2024 has been, overall, a change of season,’ Shah tells CRN. The climate for venture capital investing is significantly improving following the “VC winter” of recent years, particularly in terms of cybersecurity startup investing, Index Ventures Partner Shardul Shah told CRN. “It definitely feels like we're in the VC spring,” said Shah, who noted that Index has had one of the busiest periods in its nearly three-decade history when it comes

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