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Scale Venture Partners

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Industry
  
Founded
  
2000

Total assets
  
1 billion USD

Type of business
  
Private

Scale Venture Partners httpsd1qb2nb5cznatucloudfrontnetstartupsi4

Products
  
Venture capital, Private equity

Headquarters
  
Foster City, California, United States

Scale Venture Partners is a venture capital firm that invests primarily in early-in-revenue technology companies with a focus on Internet, cloud computing, software as a service (SaaS), and mobile products.

Contents

The firm is based in Foster City, California, and has been in existence since 2000. The firm had its beginnings as Bank of America’s in-house venture capital firm before spinning out in 2007.

Scale Venture Partners maintains close to $1 billion in assets under management. As of May 2013, Scale Venture Partners is currently investing from its fourth fund, a $300 million fund. Prior to this raise, the firm closed their third round in 2010 with $250 million in investor commitments.

In 2007, the firm changed its name from BA Ventures to Scale Venture Partners.

Sharon wienbar managing director scale venture partners smartmoneysv


Investments

According to their website, the size of their investments often ranges from $3 million to $20 million, with an average of $12 million over the entire life of an investment. The firm used to also focus its investments in the health care market, but ceased such activity due to slow Food and Drug Administration (FDA) regulations and a difficult review process.

Scale Venture Partners has done many investments, including Box.com, BrightRoll, Everyday Health, ExactTarget, FrontBridge Technologies, DocuSign, HubSpot, RingCentral, NComputing, Omniture, uTest, Vitrue, and a $11 million investment in PubNub.

This past summer, they led a $45 million Series D round in DataStax, a San Mateo-based company which distributes a commercial version of Apache Cassandra.

Their most recent investments include Bill.com, Chef, and Sailthru

Their mature investments include FrontBridge Technologies (acquired by Microsoft), Vitrue (acquired by Oracle for a reported $300 million), ExactTarget (acquired by Salesforce.com for $2.5 billion), Omniture (acquired by Adobe for $1.8 billion), and RingCentral ($98 million IPO in September 2013).

References

Scale Venture Partners Wikipedia


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