Co-Founder & CEO of Azure Biosystems, Serial Entrepreneur Creating $12.5 Billion In Value
A visionary, serial entrepreneur, and co-founder of 5 technology companies that have generated over $12.5 billion in shareholder value. As an entrepreneur and a veteran executive, Mr. Shivji is skilled at raising capital, building highly skilled interdisciplinary teams, and emerging products from nascent technologies. He has raised hundreds of million dollars in capital from high net worth investors, venture capital, private equity, and hedge funds for his companies.
Mr. Shivji co-founded optical switching startup Cyras Systems and served as its President and CEO until it was acquired by CIENA for $1.5 billion in 2001. At Cyras, he raised $72 million in venture funding and convertible debentures of $150 million in a oversubscribed round from leading institutional investors.
Mr. Shivji co-founded networking startup Fiberlane Communications, which changed the face of the networking communications industry when it split into Cerent (acquired by Cisco for $6.9 billion) and Siara Systems (acquired by Redback Networks for $4.3 billion). He also co-founded OSIware, a communications software company that was sold to Infonet, a value added service provider bought by British Telecom, Plc.
Mr. Shivji currently serves on the board of Azure Biosystems, and has served on several boards in the past including WaferGen, Involver/Oracle, OneAccess, Silecs, Redwave, Neophotonics (NYSE: NPTN), and Zytera. He is also a Charter Member of entrepreneurial organizations like TiE and OPEN. He has been advising and investing in Silicon Valley startups like Involver/Oracle, Lara Networks/Cypress Semiconductor, Lightlogic/Intel, Canesta/Microsoft, and Appshop/Oracle for several years.