Promod has more than 20 years of experience in the venture capital industry and currently serves as senior managing partner at Norwest Venture Partners (NVP). Promod joined NVP in 1990, and has invested in more than 60 companies since he began his venture career, producing nearly $30B in exit values to date. More than 20 of his portfolio companies have gone public and nearly 35 have been acquired (or have gone public and been acquired). Promod was ranked as a top investor on the annual Forbes Midas List for nine years, and in 2004, Forbes named him the #1 venture capitalist based on performance over the previous decade. In 2006, Promod was presented with a Global Leadership award from NASSCOM, and he was honored with the 2011 SV Forum Visionary Award based on his outstanding achievements and contributions to the technology industry.
Promod focuses on investments across a wide variety of sectors including systems and IT infrastructure, healthcare IT, software and services. His current investments include Apigee, Appnomic Systems, Brite Semiconductor, CareCloud, Cyan, FireEye, Health Catalyst, InsightsOne, PCH International, Skybox Imaging, Sulekha, Veveo, Virtela and Yatra.
He was an early investor and a board member of Cerent (acquired by Cisco), Cast Iron Systems (acquired by IBM), Siara Systems (acquired by Redback Networks), OnDisplay (acquired by Vignette), Winphoria Networks (acquired by Motorola) and Extreme Networks (Nasdaq: EXTR). Other notable investments and previous board seats include Tivoli Systems (acquired by IBM), Forte Software (acquired by Sun Microsystems), Kiva Software (acquired by Netscape), Information Advantage (acquired by Sterling Software), Arbortext (acquired by PTC), Open-Silicon (acquired by Unicorn Investment Bank), Resonext Communications (acquired by RF Micro Devices), Showcase (acquired by SPSS), Yipes (acquired by Reliance/Flag Telecom), Amberpoint (acquired by Oracle) and ZettaCom (acquired by IDT).
Prior to Norwest Venture Partners, Promod spent 18 years in various operational roles ranging from product development, marketing, Chief Operating Officer and Chief Executive Officer at various public and private companies including Siemens International, Thorn EMI, Emergent Technologies and Dimensional Medicine, Inc.
He received a bachelor of science degree in electrical engineering from the University of Delhi, India. He holds a Ph.D. in electrical engineering from Northwestern University and an MBA from Northwestern's Kellogg Graduate School of Management, where he serves on the advisory board.