Rajeev Madhavan

Rajeev Madhavan

Rajeev Madhavan is a founder and General Partner of Clear, where he focuses on early stage technology investments. Rajeev’s operational specialties are recruiting, software-oriented technology, product definition, sales acceleration, and scaling.  He has been a venture investor in over 35 companies.

Prior to founding Clear in 2014, Rajeev founded three successful startups.  The most recent, Magma Design Automation, became the 4th largest Electronic Design Automation company in the world under his leadership.

Rajeev served as Magma’s Chairman and CEO from when he co-founded the company in 1997 through its acquisition by Synopsys in February 2012 for $580 million.  Magma was listed on Nasdaq in 2001 and was ranked as the 2nd fastest growing Technology Company in 2005 by Forbes.  Magma provided core infrastructure software to mobile pioneers such as Apple, Qualcomm, and Samsung, which was used to design the core processors at the heart of the smartphone era.

Prior to founding Magma, Rajeev co-founded and served as President and CEO of Ambit Design Systems, which was acquired by Cadence in 1998 for $280 million. Rajeev also co-founded and served as Director of Engineering of LogicVision, Inc (IPO under LGVN, then acquired by Mentor). Rajeev is a recipient of the Red Herring Top Innovator award, the lifetime achievement award at NITK, India and various other awards.

Rajeev earned a bachelor’s degree in electronics and communication from KREC, Surathkal, India, and an M.S.E.E from Queen’s University, Ontario, Canada.

When Rajeev is not working he can be found with his wife and two children, trail running, tending to his rose gardens, or holding court with technologists figuring out what comes next.

What Entrepreneurs Have To Say

Experience At A Glance

  • Clear VenturesFounder, General Partner
  • Independent early-stage IT VC
  • MagmaCo-Founder, Chairman and CEO
  • Ambit Design SystemsCo-Founder, President and CEO
  • LogicVisionCo-Founder, Director of Engineering
  • Bell Northern ResearchSoftware Engineer

Active Partnerships

  • Cyphort
  • Falcon Computing
  • Reflektion
  • Robin Systems
  • Vera
  • Virtual Power Systems
  • UCLA Henry Samueli School of Engineering Dean's Executive Board

Notable Exits

  • Apigee A (IPO APIC)
  • YuMe A (IPO YUME)
  • Virident seed (WDC)
  • Magma seed (IPO LAVA)
  • Groupon A (IPO GRPN)
  • VxTel seed (INTC)
  • LogicVision seed (IPO LGVN)
  • Ambit seed (CDNS)

Media