Ullas is the founder of the seed stage investment firm, Streamlined Ventures. The firm is focused on investing in transformational companies that are building enabling technologies for the Web, Mobile Web, Social Web and Enterprise. Streamlined Ventures has invested in companies such as Atheer Labs, Resilinc, DoorDash, Baarzo, YouPlus and Tachyus.
Ullas has been an active angel investor for over 17 years. He has invested personally in over 60 companies spanning Internet 1.0, Web 2.0, the mobile web and enterprise computing. Some examples of successful prior angel investments include Critical Path (CPTH), InterTrust (ITRU), iRobot (IRBT), Arbinet (ARBT), Sandforce (acquired by LSI), etc. Some of his current active investments include companies such as Addepar, Sidecar, Clever, Applovin, inDinero, Visual.ly, GraphDive, Bina Technologies, SunLink, PubNub, SnapVolumes, Citus Data, Ginzametrics, AGAWI, Mcube, Nou Data, Rescale, Ark.com, Authy, Delphi Solutions, Everest, Keen.io, Womply and RolePoint as well emerging funds such as Bullpen Capital and Umagination Labs.
Prior to launching Streamlined Ventures, Ullas was a senior partner at Globespan/JAFCO America Ventures for 12 years and invested in the web, mobile web and enterprise infrastructure spaces. He also started the firm's cleantech practice. Examples of companies he had invested in and on whose boards he was on include BladeLogic (IPO - BLOG and acquired by BMC Software for $800M), Pirus Networks (acquired by Sun Microsystems), Revivio (acquired by Symantec), GlassHouse Technologies, Virident, Coskata, Zeachem, Nantero, Optaros and numerous others. He was also actively involved in the firm's investment decisions in companies such as Palo Alto Networks (PANW), Q1Labs (IBM), Quattro Wireless (AAPL), oDesk, Roku, etc.
Prior to that, Ullas was a senior research analyst at FAC Equities (which used to be known as First Albany). There his coverage spanned client-server software technologies catering to the enterprise and then evolved to covering Internet 1.0 companies. In addition to being a widely published research analyst on the above themes and on companies within those themes, he was frequently in the media (television and print) commenting on the emerging Internet 1.0 phenomenon during the mid/late 1990s. In 2000, he was named by Fortune Magazine as one of the top analysts in the country and that same year, The Wall Street Journal named him a Wall Street All Star.