Milliways Ventures

We Love Building We have founded two companies, a venture fund, and led breakthrough efforts in large companies We started Junglee (acquired by Amazon com) and Kosmix (acquired by Walmart), as well as Cambrian Ventures, one of the best-performing funds of its vintage We helped create Amazon com's marketplace business, the concept underlying Amazon com's Mechanical Turk, and @WalmartLabs, the innovation arm for the world's largest retailer We invested in Facebook in 2005 when they were a handful of people We know how to make something out of nothing and recognize when someone else is doing the same

WALL STREET JOURNAL • MILLIWAYS VENTURES TARGETS TECHNOLOGY IN 'VERY FROTHY' MARKET Anand Rajaraman and Venky Harinarayan launched their last venture capital fund in 2000, just before the tech bubble burst Now the former Amazon executives have started another fund, just as the market is showing signs of excess again

VIDEO • BRIDGING WORLDS, THE STORY OF INDIANS ACROSS THE SEVEN SEAS The Ministry of External Affairs of the Indian government commissioned an independent filmmaker to make a film about the Indian diaspora, Anand Rajaraman was among those featured

104 First Street Los Altos, CA 94022 Venky Harinarayan is an entrepreneur and investor He is currently a founding partner at Milliways Ventures, an early stage venture capital firm

He was a founder of Junglee — a pioneering shopping search engine that was acquired by Amazon com, a founder of Kosmix — an innovative search and categorization company that was acquired by Walmart Stores, Inc , and a founding investor in Efficient Frontier — a leading search and social media marketing company that was acquired by Adobe Together, these start-ups were valued at $1 billion at the time of their acquisition

Venky has also played the role of entrepreneur in two of the most successful retailers of our times — Walmart and Amazon com Most recently, at Walmart, Venky created and was head of @WalmartLabs, the innovation arm for the world's largest company At Amazon com, Venky helped create the Marketplace business, that today accounts for around 40% of all the units sold He also invented the concept underlying Amazon's Mechanical Turk  Venky is also an active investor He created Cambrian Ventures, an early stage venture capital firm in 2000 whose investments include Neoteris (Juniper), Aster Data (Teradata), and Yousendit Venky was one of the earliest investors in Facebook, investing in 2005 Other angel investments include Lyft, Whisper, and TutorVista (Pearson)

Venky was named to the "100 Most Creative People in Business" by FastCompany in 2012 and to the "Venture Capital 100" by AlwaysOn in 2012 and is a recipient of the Distinguished Alumni Award from IIT Madras Venky earned his bachelor's degree from IIT Madras; master's from UCLA and PhD from Stanford University, all in computer science

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//]]> anand@milliwaysventures com Anand Rajaraman (@anand_raj) is a serial entrepreneur, venture capitalist, and academic based in Silicon Valley

Anand is a founding partner at Milliways Ventures Prior to starting Milliways, he was senior vice president at Walmart Global eCommerce, where he co-headed @WalmartLabs, focused at the intersection of social, mobile, and commerce Anand came to Walmart when Kosmix, the startup he co-founded, in 2011, was acquired by the multinational

Anand also was a founding partner of Cambrian Ventures, an early-stage venture capital firm His investments include Aster Data Systems (Teradata), Efficient Frontier (Adobe), Neoteris (Juniper), Transformic (Google), Kaltix (Google), India Infoline (IPO 2005), Chaupaati (Future Group), and HighTail (formerly known as YouSendIt), among other companies Other investments include ClearStory, Lyft and Whisper He was in the handful of early investors in Facebook in 2005

In 1996, Anand co-founded Junglee, an e-commerce pioneer As chief technology officer, Anand played a key role in developing Junglee's award-winning virtual database technology In 1998, Amazon com acquired Junglee for over $250 million Anand helped launch the transformation of Amazon com from a retailer into a retail platform, enabling third-party retailers to sell on Amazon com's website Anand is also a co-inventor of Amazon Mechanical Turk, which pioneered the concepts of crowdsourcing and hybrid human-machine computation

As an academic, Anand's research has focused at the intersection of database systems, the worldwide web, and social media His research publications have won several awards, including two retrospective 10-year Best Paper awards at ACM SIGMOD and VLDB which measure the impact of research on academia and industry over a 10-year period In 2012, Fast Company magazine named Anand to its list of "100 Most Creative People in Business " Anand co-teaches a popular course on data mining at Stanford University His textbook "Mining of Massive Datasets" co-authored with Stanford's Jeff Ullman, has been downloaded over 100,000 times and is being translated into several languages

Anand earned his undergraduate degree in computer science and engineering from the Indian Institute of Technology, Madras, where he won the President of India Gold Medal for graduating at the top of his class, and his PhD in computer science from Stanford University In 2013, Anand was named a Distinguished Alumnus by his alma mater, IIT Madras

Anand shares his musings on Big Data, search, and social media on his influential blog Datawocky whose motto is "more data (usually) beats better algorithms " //<![CDATA[

//]]> katelin@milliwaysventures com Katelin Moore comes to Milliways from being the executive assistant to the CEO of several start-up companies which include: Elementum SCM, Efficient Frontier (acquired by Adobe Systems), Transpera (acquired by Tremor Media) and Linden Lab Katelin earned her bachelor's degree from California Polytechnic State University, San Luis Obispo