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Eight Roads appoints two venture partners to strengthen enterprise tech portfolio

By Joseph Rai

  • 28 Oct 2020
Eight Roads appoints two venture partners to strengthen enterprise tech portfolio
Credit: Thinkstock

Eight Roads Ventures India and Southeast Asia, which is part of Fidelity-backed global investment firm Eight Roads, on Wednesday said it has appointed two new venture partners to strengthen its focus on the enterprise technology portfolio.

The venture capital firm in a statement said it has appointed Stephanie Robotham and James Ireson as venture partners.

Robotham, who has over 25 years of experience, is based in the US. She will be joining from US-based software company Gainsight where she is chief marketing officer. 

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She has previously held roles at Salesforce, Cordial Inc., Iterable and Optimizely. In her new role as venture partner, Robotham will help Eight Roads' SaaS companies in India and Southeast Asia to strengthen their market position in the US and Europe.

Ireson joined Eight Roads last year from Zendesk. He is based in London and has already been working with the Eight Roads Ventures Europe team.

Shweta Bhatia, partner and head of technology investments at Eight Roads Ventures in India, said that the venture fund believes that the go-to-market expertise in the US and Europe is of relevance to Indian and Southeast Asian founders in their cross-border scaleup journey.

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Eight Roads said that the venture capital firm's enterprise technology portfolio has 16 partner companies including its SaaS unicorn Icertis.

This year, the venture capital firm made three new deals in the SaaS space including two in India: MoEngage and Fareye.

Eight Roads also participated in the Series C funding round of enterprise software platform Whatfix in India. The funding round was led by Sequoia Capital.

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Eight Roads has been investing in India since 2007. The venture capital firm has assets under management of $1 billion and has over 40 active portfolio firms across healthcare, technology, consumer and financial services sectors in the country.

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