Today we are pleased to announce that Ted Kummert is rejoining Madrona as Venture Partner.
Ted spent the last four years at Apptio as EVP of Engineering and Cloud Operations. While at Apptio (NASDAQ:APTI), Ted built a world-class engineering and product team and transformed Apptio’s core platform from a custom solution to distinct, SaaS applications designed for enterprise and federal CIOs and CFOs. Under Ted’s leadership, the team conducted a major modernization of Apptio’s underlying technology, developed real-time analytics for leading public cloud providers, and built the industry’s standard model for IT costing into Apptio’s applications. Ted also led the release of new cost transparency, planning, benchmarking and IT chargeback applications while tuning Apptio’s technology to the needs of public sector IT leaders.
Prior to Apptio, Ted was a Venture Partner at Madrona where he worked with our growing companies on the engineering and management challenges of small and mid-sized companies. Ted came to Madrona from Microsoft where he drove major product and business initiatives while leading the database and SQL server division for the company.
Ted was a valuable resource to our companies and the Madrona team during his first stint as Venture Partner and we are excited to have him back!
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