Rajeev Madhavan is a Co Founder and Partner of Clear, where he focuses on early stage technology investments.
Rajeev brings operational skills from founding, building and running (as CEO) two highly successful companies. He has the uncanny ability to deeply understand what entrepreneurs are trying to do, and to steer them onto a successful path. He has been a venture investor in over 35 companies.
Rajeev’s notable exits include Toast (IPO), Reflektion (Sitecore), Robin ( Rakuten), Apigee (IPO), YuMe (IPO), Virident (acquired), Magma (IPO), Groupon (IPO), VxTel (acquired), LogicVision (IPO) and Ambit (acquired).
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). 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.