Hermes Growth Partners co-founder brings deep experience in helping scale software businesses to their full potential
Online PR News – 24-May-2016 – Palo Alto, Calif. – Palo Alto, Calif. –- May 20, 2016 –- Instart Logic, the world’s first end-point aware application delivery solution, today announced that Bobby Yerramilli-Rao has joined the Board of Directors of Instart Logic. Yerramilli-Rao is a partner and co-founder at Hermes Growth Partners, a leading growth equity firm focused on helping companies scale. He has a strong network of relationships in the Service Provider space and deep presence in Europe that will enable Instart Logic to accelerate its growth.
Yerramilli-Rao’s relationship to Instart Logic dates back to early 2015, where Hermes Growth Partners participated in a $43 Million Expansion Round. Subsequently, Instart Logic raised its Series D investment in January of 2016, whereby Hermes Growth Partners also participated. To date, Instart Logic has raised approximately $140 Million in funding over five rounds.
“Instart Logic has pioneered an endpoint aware application delivery solution to transform the way applications are delivered and provide a better user experience,” says Bobby. “It is extremely rare to find a company, such as Instart Logic, that has far superior technology than anyone else in the space and has such a promising growth trajectory. I am excited to join the board of Instart Logic and assist the company in further accelerating its market position.”
Yerramilli-Rao was formerly the Corporate Strategy Director and Internet Services Marketing Director of Vodafone Group, responsible for overall strategy and technology related acquisitions and served on the company’s investment committee. Prior to Vodafone Group, Yerramilli-Rao was a partner at McKinsey and Company in New Jersey and Palo Alto and a research engineer at Marconi. He has also served on the Boards of other well known technology companies such as Fuze (formerly ThinkingPhones) and RingCentral.
“Bobby is a pioneer in the technology space and provides considerable strategic guidance to us” said Manav Mital, Founder and CEO of Instart Logic. “I am excited to have Bobby joining our board as his skillset and background will be a great complement to our existing board talent.”
About Instart Logic
Instart Logic is the world’s first end-point aware application delivery solution that makes applications fast, secure, and easy to operate. Instart Logic’s platform combines machine learning, virtualization, and open APIs with a content delivery network (CDN) for global delivery. Using Instart Logic, organizations can provide ultra-fast, visually immersive and secure experiences on any device to maximize revenue, deliver superior customer experiences and gain competitive advantage. Instart Logic is funded by Andreessen Horowitz, Four Rivers Group, Geodesic Capital, Greylock Partners, Hermes Growth Partners, Kleiner Perkins Caufield & Byers, Sutter Hill Ventures, Telstra Ventures, Tenaya Capital, Wing Venture Capital and several notable Silicon Valley angel investors.