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Michigan State University, MS
Electrical Engineering
Boston University, MBA
Indian Institute of Technology (Mumbai), BTECH
Electrical Engineering

Current Companies

Board Member
Co-founder, CEO, and Chairman
Board Member

Former Companies

founder, chairman and CEO
senior director

Web Presences


Photo Credit

Jit Saxena

Jit Saxena is a business-savvy entrepreneur, with an impressive portfolio of accomplishments, skills and experience. Under his leadership, Netezza grew and had a successful initial public offering.

Previously, Saxena was founder, chairman and CEO of Applix Inc., a leading provider of analytical CRM software that he took public in 1994. While at Applix, Saxena guided the company to a leadership position in the CRM market and achieved an eight-fold increase in market value subsequent to the IPO. Through his vision, the company was continually an innovator in new high growth markets.

Prior to founding Applix, Saxena was a senior director at Data General where he was responsible for the development of the company’s software products. At Data General, he held several other senior management positions and built a successful development organization that introduced industry-leading software in many categories.

Saxena earned an MS in Electrical Engineering from Michigan State University, an MBA from Boston University and a B. Tech (EE) from the Indian Institute of Technology (Mumbai). In July 2003, he was named an Ernst & Young New England Entrepreneur of the Year and was recently named a Mass High Tech All-Star.

Recent Milestones


Company Date Round Size Participants
ParElastic 4/2013Series A$5.7M5
Mobee 11/2012Seed$1.1M8
AdverCar 10/2012Seed$2M6
Evergage 5/2012Seed$2M4



  1. Enterprise Cloud Data Management Startup ParElastic Raises $5.7M From General Catalyst And Others ( [edit]
  2. Backed By $1.1 Million In Funding, Mobee Launches A Mobile Mystery Shopping App Which Rewards Customers For Reviewing Businesses ( [edit]
  3. Auto Advertising Startup adverCar Raises $2M From Canaan Partners, 1-800-Flowers, And Others ( [edit]
  4. Apptegic Uses Big Data Analysis To Help Companies Retain And Upsell Their Customers ( [edit]
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Last Edited 1/27/14

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