We are very pleased to bring Sharad Sharma as EIR (Entrepreneur in Residence) at Canaan. We have had a long standing relationship with Sharad, and share common interest in cloud computing as a disruptive area of growth. Over the next few months, Sharad with work with the Canaan team to identify an opportunity that he would like to build out over coming years.
EIR is really a structure that allows us to choose an entrepreneur ahead of the idea. Sharad’s prior track record, his passion for entrepreneurship, early knowledge of cloud computing, and interpersonal comfort made it compelling for us to take this route. We also felt equipped to contribute to his efforts given our global footprint and existing exposure to cloud computing through companies like Virsto and Soasta.
Sharad last led Yahoo! India R&D and was the India General Manager and VP of Product Operations with Symantec. He was also a co-founder and CEO of Teltier Technologies, a wireless infrastructure start-up that is now part of Cisco. He has also established AT&Tâ€™s and later Lucentâ€™s R&D organization in India.
Welcome on board, Sharad!