Managing Director at Sigma Partners
San Francisco Bay Area
Managing Director at Sigma Partners
San Francisco Bay Area
Peter Solvik, managing director, joined Sigma Partners in 2002. Sigma Partners is an early stage venture capital firm founded 25 years ago, with over $1.5 billion under management, and operates out of offices in Menlo Park, Boston, and San Ramon, CA.
Pete is responsible for Sigma's investments in Digital Fuel Technologies, Encover, Topio (acquired by NetApp), Enkata, Applied Identity, KACE, Centrify, Docusign and ScanCafe, and he represents Sigma's investment as a board member at Noetix.
Until joining Sigma Partners, Pete was senior vice president of Cisco Systems with worldwide responsibility for information technology, internet initiatives and productivity strategy, reporting to CEO John Chambers. He managed IT at Cisco for nearly ten years, from January 1993 to September 2002, during the company's explosive growth from under $500 million to over $20 billion in annual sales run rate, was CIO from 1994 to 2001, and formed Cisco's Internet Business Solutions Group.
While at Cisco, Pete was named to the CIO 100 4 times by CIO Magazine, and was chosen as one of "the 25 most powerful executives in Networking" by Network World. He has been quoted in articles on IT and eBusiness in Fortune, the Wall Street Journal, Business Week, the Economist, the New York Times, Information Week, CIO Magazine and many other publications and books, and has been keynote speaker at over 50 industry conferences on information technology and eBusiness.
Enterprise Application Software
Enterprise Infrastructure
(Privately Held; 201-500 employees; Consumer Services industry)
April 2008 — Present (1 year 4 months)
(Privately Held; 51-200 employees; Information Technology and Services industry)
March 2007 — Present (2 years 5 months)
(Privately Held; 11-50 employees; Information Technology and Services industry)
March 2006 — Present (3 years 5 months)
(Privately Held; 11-50 employees; Computer Software industry)
March 2005 — Present (4 years 5 months)
(Privately Held; 11-50 employees; Computer Software industry)
2004 — Present (5 years)
(Privately Held; 11-50 employees; Computer & Network Security industry)
2004 — Present (5 years)
(Privately Held; 51-200 employees; Computer Software industry)
November 2003 — Present (5 years 9 months)
(Educational Institution; 51-200 employees; Primary/Secondary Education industry)
September 2003 — Present (5 years 11 months)
(Privately Held; 11-50 employees; Computer Software industry)
June 2003 — Present (6 years 2 months)
(Non-Profit; 1001-5000 employees; Program Development industry)
June 2003 — Present (6 years 2 months)
(Privately Held; 11-50 employees; Computer Software industry)
December 2002 — Present (6 years 8 months)
(Partnership; 11-50 employees; Venture Capital & Private Equity industry)
October 2002 — Present (6 years 10 months)
Managing Director (General Partner) in Sigma 6 ($600 million), Sigma 7 ($400 million), and Sigma 8 ($500 million) early stage technology venture capital firm, founded in 1983.
(Privately Held; 11-50 employees; Computer Software industry)
August 2002 — Present (7 years)
(Public Company; 10,001 or more employees; CSCO; Computer Networking industry)
January 1993 — September 2002 (9 years 9 months)
(Public Company; 10,001 or more employees; AAPL; Computer Hardware industry)
August 1981 — January 1993 (11 years 6 months)
(Venture Capital & Private Equity industry)
1980 — 1981 (1 year)
BS , Information Technology & Management , 1976 — 1980