MENLO PARK, Calif.–(BUSINESS WIRE)–February 27, 2014–
Institutional Venture Partners (IVP), one of the premier later-stage venture capital and growth equity firms, is pleased to announce that it has opened a satellite office in San Francisco. The new office is close to the headquarters of numerous IVP portfolio companies, including AppDynamics, Dropbox, Dropcam, Hipmunk, Indiegogo, Klout, One Kings Lane, POPSUGAR, Twitter, Voxer, Wikia, and Zynga.
“It’s critical that we stay close to the best later-stage companies and entrepreneurs,” said Jules Maltz, General Partner at IVP. “We’ve been meeting with more and more fast-growing startups located in San Francisco, and this office will help us to better serve these companies.”
“San Francisco is booming again, and we are witnessing a migration of young, well-educated technology talent moving into the urban center,” added Dennis Phelps, General Partner at IVP. “It’s exciting that IVP will be contributing to the continued growth of the San Francisco entrepreneurial community.”
IVP’s new San Francisco office is located at 607 Front Street across from Jackson Square Park.
“As our firm continues to grow, expanding our presence in San Francisco is a logical move for IVP,” continued Todd Chaffee, General Partner at IVP. “We’ve been fortunate to hire some of the best and brightest people in the industry. In addition to our main office on Sand Hill Road, this new office will be a great place for our team to meet with the best and brightest entrepreneurs in San Francisco.”
In 2013, IVP had three billion-dollar IPOs with Twitter (TWTR), RetailMeNot (SALE), and Marketo (MKTO). The firm also began investing IVP XIV, a new $1 billion fund. As an investor in high profile companies, such as Dropbox, HomeAway, Snapchat, Supercell, and Twitter, IVP remains committed to its focused strategy of supporting rapidly-growing technology and media companies and partnering closely with exceptional management teams.
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, 97 of which have gone public. IVP is one of the top-performing firms in the industry and has a 33-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 ArcSight (HPQ), Buddy Media (CRM), ComScore (SCOR), Concur Technologies (CNQR), Dropbox, 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, Snapchat, Supercell, Synchronoss (SNCR), Tivo (TIVO), Twitter (TWTR), and Zynga (ZNGA). For more information, visit http://ivp.com or follow IVP on Twitter: @ivp.
Institutional Venture Partners
Gina Bauman, 650-543-1813
With $3 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. The partnership is currently investing IVP XIII, a $750 million ... read more »
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