The top 20 technology venture capital firms of 2012 have been tabulated by PrivCo, a company that provides financial analysis of private companies. Based on the number of private tech company exits in 2012, Intel Capital ranked No. 1.
Next up were Felicis Ventures, SV Angel, Sequoia Capital, First Round Capital, Battery Ventures, DFJ, Greylock Partners, Ignition, Google Ventures, True Ventures, Benchmark Capital, Lerer Ventures, Menlo Ventures, Polaris Venture Partners, Accel Partners, Bain Capital Ventures, Redpoint Ventures, RRE Ventures, and Focus Ventures. (Disclosure: Aydin Senkut of Felicis Ventures is an investor in VentureBeat.)
The rankings showed a record number of exits for a newer generation of venture capital firms, such as Felicis, SV Angel, True Ventures, and Lerer Ventures. This wave of VCs is formed by partners that come from entrepreneurial rather than investment and financial backgrounds. The firms provide startups with extensive operational guidance in addition to financial backing, said Sam Hamadeh, head of PrivCo.
Hamadeh said that noticeably absent are established firms like Kleiner Perkins Caufield & Byers (KPCB), Lightspeed Venture Partners, and New Enterprise Associate (NEA).
Aydin Senkut, founder and managing director of Felicis Ventures, said, “We had a record year at Felicis, with several exits including our largest to date — Wildfire and Meraki. Our success stems from amazingly talented entrepreneurs who we’re fortunate to support. We look for product visionaries working on critical use cases within our themes of conviction.”
Intel Capital has had more than 200 initial public offerings and 300 acquisitions of its portfolio companies since it was formed 20 years ago.
The rankings are part of a 350-page annual private tech company report.
Take a look at the full rankings in order below.
[Disclosure: Aydin Senkut is an investor in VentureBeat.]