TMCnet News
IVP Concludes Successful YearDuring 2014, Institutional Venture Partners (IVP), one of the premier later-stage venture capital and growth equity firms, reached a milestone of 101 portfolio company IPOs. In the past year, the firm welcomed the IPOs of OnDeck (ONDK), Yodlee (YDLE), MobileIron (MOBL), Aerohive (News - Alert) (HIVE), and Care.com (CRCM). In addition, IVP distributed over $800 million in capital back, including the proceeds from Nest's (GOOG) acquisition of Dropcam. The firm made fourteen new investments in 2014 from its latest $1 billion fund - IVP XIV. As an investor in innovative companies such as AppDynamics, Dropbox, OnDeck, Pure Storage, Snapchat, Supercell, The Honest Company, and Twitter (News - Alert), IVP remains committed to its focused strategy of supporting rapidly-growing technology and media companies and partnering closely with exceptional management teams. IPOs in 2014:
Significant M&A Exit in 2014:
IVP Investments Announced in 2014:
In 2014, two of IVP's General Partners - Todd Chaffee and Sandy Miller - were named to the prestigious Forbes Midas List of the Top 100 Tech Investors. This was Todd's fifth time on the list. Sandy is one of only nine venture capitalists who have been on the Midas List each year since 2007. Jules Maltz was named #2 on the GrowthCap Top 40 Under 40 Growth Investors List which highlights exceptional private capital investors in the growth segment. AlwaysOn named IVP in its Top 25 VC Firms List and recognized IVP's General Partners, Todd Chaffee, Norm Fogelsong, and Jules Maltz, in its Venture Capital 100 List. In addition, AlwaysOn recognized Todd Chaffee and Norm Fogelsong as "2014 Power Players in the Cloud," and Norm Fogelsong as a "2014 Power Player in Digital Media." IVP has six general partners and eight additional investment professionals focused on identifying later-stage growth companies in the consumer and enterprise sectors. IVP is one of the top performing firms in the venture capital industry, typically serving as a lead investor in expansion-stage rounds with investments ranging from $10 to $100 million. Promotions and New Hires Throughout its history, IVP has helped hundreds of businesses to scale and achieve long-term value. The current IVP partnership has worked closely together for over ten years with a strong focus on later-stage investing. IVP's success in 2014 coincided with several important promotions and new hires during the year. The firm hired Saydeah Howard, a former Vice President at LeapFrog and an Associate at Russell Reynolds, as Vice President of Talent and Venture Services. In addition, Bryan Hsu joined the firm as an Associate while both Kelly O'Kane and Parsa Saljoughian were promoted to the role of Senior Associate. New San Francisco Office In February, IVP also opened a satellite office in San Francisco that is in close proximity to fifteen IVP portfolio companies, all of which are headquartered in San Francisco. About Institutional Venture Partners (IVP) With $4 billion of committed capital, Institutional Venture Partners (IVP) is one of the premier later-stage venture capital and growth equity firms in the United States. Founded in 1980, IVP has invested in over 300 companies, 101 of which have gone public. IVP is one of the top-performing firms in the industry and has a 34-year IRR of 43.2%. IVP specializes in venture growth investments, industry rollups, founder liquidity transactions, and select public market investments. Since its inception, IVP investments include such notable companies as AppDynamics, ArcSight (HPQ), Buddy Media (CRM), ComScore (SCOR), Dropbox (News - Alert), Dropcam (Nest), Fleetmatics (FLTX), HomeAway (AWAY), Juniper Networks (JNPR), Kayak (PCLN), LegalZoom, LifeLock (LOCK), Marketo (MKTO), MySQL (ORCL), Netflix (NFLX), ngmoco (DeNA), Polycom (PLCM), Pure Storage, RetailMeNot (SALE), Seagate (STX), Shazam (News - Alert), Snapchat, Supercell, Synchronoss (SNCR), The Honest Company, Twitter (TWTR), and Zynga (ZNGA). For more information, visit http://www.ivp.com or follow IVP on Twitter: @ivp.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20141218006007/en/ |