Vertex Ventures’ In Sik Rhee on developing enterprise

When I was a kid, I spent a lot of time building computers and learning how to program. Those interests eventually led me to pursue a degree in electrical engineering and computer science at UC Berkeley and to go on to found a startup called Kiva Software shortly after graduating. Kiva created the application server market and powered first-generation websites for companies like E*Trade, Bank of America, and Wells Fargo. After it got acquired by Netscape in 1997, I went on to found a second company called Loudcloud that jump started the data center automation software category before IPOing in 2001 and subsequently getting acquired by HP in 2007.

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