Jump to content

Meritech Capital Partners

From Wikipedia, the free encyclopedia
Meritech Capital Partners
Company typePrivate
IndustryLate-Stage Venture Firm
Founded1999
FoundersMike Gordon, Paul Madera, Rob Ward
HeadquartersPalo Alto, CA, United States
Key people
Craig Sherman (Managing Director)
ProductsVenture capital
Total assets$2.6 billion
Number of employees
20+
Websitewww.meritechcapital.com

Meritech Capital Partners is an American Venture Firm company focused on late-stage venture capital investments in information technology companies with a focus on consumer Internet and media, software and services, enterprise infrastructure, and medical devices. Investments has included the popular online game Roblox, Datadog and Salesforce.[1]

History

[edit]

The Palo Alto, California-based firm, was founded in 1999 with sponsorship from Accel Partners, Oak Investment Partners, Redpoint Ventures and Worldview Technology Partners.[2] Since 2003, however, Meritech has independently operated and invested in later-stage technology companies. The firm has raised approximately $2.6 billion since inception across four funds. In July 2014 Meritech raised a $500 million fund with a $65 million sidecar vehicle.[3]

References

[edit]
  1. ^ "Meritech Raises $800 Million for Investment Fund". bloomberg.com. 2020-06-03. Retrieved 2022-09-10.
  2. ^ Carlsen, Clifford (16 May 1999). "Venture firm scents juicy bone on web -- pet kibble". San Francisco Business Journals. Retrieved 18 December 2018.
  3. ^ Garland, Russ (30 July 2014). "Meritech Rounds Up $500M for Fifth Fund, Sees Later-Stage Opportunities Aplenty". Wall Street Journal. Retrieved 18 December 2018.
[edit]