One Million
Thought Leaders in Cloud Computing: Portworx CEO Murli Mohan Thirumale (Part 1)
Posted on Thursday, Dec 10th
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I’ve known Murli for 20 years and love how he marries strategy and deep technical domain knowledge.
This conversation is extremely technical, and you’d get a precise view of what’s happening in the storage industry as a player like Pure Storage tries to move up the stack and acquire a startup like Portworx.
Sramana Mitra: Let’s start with some introduction. Tell us a bit about your background as well as the two companies that you are currently involved with &#; one through acquisition and the other one that you have sold.
Murli Thirumale: I have been in the Valley for over 30 years and I have known you for almost all that period. Just a brief history about myself, I did an engineering degree and then followed it up with an MBA.
I then came right to the Valley and worked for HP for 15 years. I also worked in some traditional businesses in wireless and telecom. I worked as a GM for 10 years. When HP split into two companies, our business didn’t fit either of the Agilent business or the computer side of HP. They spun that bus
Murli Thirumale: His First Business Was Acquired By Citrix, His Second By Dell, And Now Raised $50 Million For His Next Startup
Murli Thirumale is the co-founder and CEO of Portworx which is the solution for stateful containers running in production. The company has raised over $50 million from HPE, Cisco, GE, and others. Prior to this, Murli Thirumale worked at Dell (following a successful acquisition), Citrix (also post-acquisition) and HP in executive roles.
In this episode you will learn:
- How entrepreneurs fall in love with their own idea
- The two things that drive VC decision making
- Who his latest investors are, and why he chose them
- What Portworx is working on now
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For a winning deck, take a look at the pitch deck template created by Silicon Valley legend, Peter Thiel (see it here) that I recently covered. Thiel was the first angel investor in Facebook with a $K check that turned into more than $1 billion in cash.
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His First Business Was Acquired By Citrix, His Second By Dell, And Now Raised $50 Million For His Next Startup
Murli Thirumale has built and sold two startups and is now on his third. His formulas for success seem to have provided him a system for replicating this success at the highest levels.
We recently hosted an episode of the DealMakers Podcast where Murli Thirumale shared his journey, his models for proving product-market fit, how to raise startup funding, and his top tips for new founders.
Listen to the full podcast episode and review the transcript here.
*FREE DOWNLOAD*
The Ultimate Guide To Pitch Decks
Here is the content that we will cover in this post. Let’s get started.
The Science Of Business
Thurimale says he gained a great global perspective from traveling and living in different countries at a young age. He was born in India, lived in Burma, Indonesia and has since relocated to Silicon Valley.
He has loved the logic of science from a young age. He says it’s the ability to explain everything. That got him into engineering and figuring out what to do with the science.
Ultimately, he moved to the US for his MBA at the Kellogg School of Managem
Exclusive Interview With Murli Thirumale, CEO of Portworx
Murli Thirumale is CEO and co-founder of Portworx, Inc. since and based in Los Altos, CA. Before he spent some time at Dell following the acquisition in of Ocarina Networks he co-founded in He was CEO of Ocarina from to From to , he was Group VP and GM at Citrix after Net6 acquisition. He was CEO of Net6 he co-founded in He also spent some time at Symmetricom as VP from to and HP as GM from to as GM in the communications division.
StorageNewsletter: Founded in with a total raised of $55 million, could you update us on Portworx?
Thirumale:Portworx is experiencing tremendous growth right now. Last year we closed a $27 million series C funding round led by Sapphire Ventures and the ventures arm of Mubadala Investment Company, with support from existing investors Mayfield Fund and GE Ventures, and new financing from Cisco, HPE and NetApp.
We currently have about customers, including 50 of the Fortune Global Almost all those customers are in production, deploying significant enterprise workloads. Last year we saw over % growth in customer bookings over , with 13 six-figure deals. This growth comes fr
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