Funding Round OverviewUpdate
Ray Lane is a Partner Emeritus at Kleiner Perkins Caufield & Byers. Since joining the firm in 2000, he has focused on helping entrepreneurs with technological and market insight, organizational development, team building, selling and managing growth. Ray sponsored a number of investments for KPCB in enterprise and consumer technology, as well as clean and alternative energy. The companies involved in these investments include Fisker Automotive (plug-in hybrid car), GreatPoint Energy (coal-to-gas conversion), Aquion (energy storage), Kenandy (cloud manufacturing management), Alert Enterprise (security convergence solutions), Luca Technologies (biologically enhanced gas recovery from fossilized hydrocarbons), Hara Software (environmental and energy management solutions), Ausra (solar concentrator), Xsigo Systems (virtual I/O switch for datacenters), Vertica Systems (data warehousing solutions), andMEVIO (social media network). Ray also serves as Chairman of the Board of Carnegie Mellon University. He previously served as executive chairman of the board of Hewlett-Packard.
Before joining KPCB, Ray was president and chief operating officer of Oracle Corp., one of the world’s largest software companies and a leading enterprise software and services company. During his eight-year tenure, Oracle exhibited phenomenal revenue growth from approximately US$1 billion in 1992 to more than US$10 billion. Ray led Oracle’s business expansion beyond its core database technology into enterprise applications and professional services. Earlier in his career, Ray was a senior partner with Booz Allen Hamilton, where he pioneered and led the Information Systems Group, a worldwide consulting practice targeted at helping senior management achieve better results from information technology. He also served on Booz Allen Hamilton’s board of directors and executive management committee. Ray’s early career also included serving as division vice president with Electronic Data Systems Corp. and spending 10 years with IBM in various product-management, sales and marketing positions.
Ray received a bachelor’s degree in mathematics and an honorary Ph.D. in science from West Virginia University. He was elected to the Academy of Distinguished Graduates of WVU, served as a director of the WVU Foundation Board, and serves on the university’s board of governors.WVU has honored Ray by naming the Lane Department of Computer Science and Electrical Engineering. Ray also serves on the board of trustees of Carnegie Mellon University currently as its Chairman. He has been an active campaigner and planner for Carnegie Mellon’s establishment of a Silicon Valley campus, and he is the co-creator of a High Dependability Computing Consortium with Carnegie Mellon and NASA. Ray serves as vice chairman of Special Olympics International and has served on the international board of Special Olympics for several years. He also holds an honorary Ph.D. from Golden Gate University. Ray was recently honored by TechAmerica as the 2011 recipient of the David Packard Medal of Achievement Award.
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