Harman Patil (Editor)

Alta Partners

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Industry
  
Private equity

Website
  
www.altapartners.com

Type of business
  
Private ownership

Products
  
Venture capital

Founded
  
1996

Predecessor
  
Burr, Egan, Deleage & Co.

Alta Partners httpscrunchbaseproductionrescloudinarycomi

Headquarters
  
San Francisco, California, United States

Founders
  
Jean Deleage, Garrett Gruener

Alta Partners is a venture capital firm based in San Francisco, CA. The company was founded in 1996 by Dr. Jean Deleage, Ph.D., who was also a founder of the venture capital firms Burr, Egan, Deleage & Co. (BEDCO) and Sofinnova, together with Garrett Gruener, a former general partner at BEDCO.

The company was founded in 1996 and invests in biotechnology and life science companies. According to the company website, over the past ten years, Alta has invested in over 150 companies, including some of the leaders in the biopharmaceuticals, medical technology, and information technology sector.

The firm is no longer associated with the Boston-based venture capital firm, Alta Communications, which also traces its roots to Burr, Egan, Deleage & Co..

Investment funds

Since 1996, Alta has raised eight venture capital funds including four funds in its Alta California Funds series, three funds in its Alta Biopharma Partners series and most recently in 2006, Alta raised Alta Partners VIII with $500 million of investor commitments.

The following is a summary of the venture capital funds raised by Alta as of 2008:

  • 1996 - $130m - Alta California Partners (Early Stage)
  • 1998 - $180m - Alta Biopharma Partners I (Late Stage)
  • 1998 - $186m - Alta California Partners II (Early Stage)
  • 2000 - $212m - Alta Biopharma Partners II
  • 2000 - $229m - Alta California Partners III (Early Stage)
  • 2003 - $300m - Alta BioPharma Partners III
  • 2004 - $184m - Alta California Partners IV (Early Stage)
  • 2006 - $500m - Alta Partners VIII
  • References

    Alta Partners Wikipedia