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| Company type | Private |
|---|---|
| Industry | Late-Stage Venture Firm |
| Founded | 1999 |
| Founders | Mike Gordon, Paul Madera, Rob Ward |
| Headquarters | Palo Alto, CA, United States |
Key people | Craig Sherman (Managing Director) |
| Products | Venture capital |
| Total assets | $2.6 billion |
Number of employees | 20+ |
| Website | www.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
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
- ^ "Meritech Raises $800 Million for Investment Fund". bloomberg.com. 2020-06-03. Retrieved 2022-09-10.
- ^ Carlsen, Clifford (16 May 1999). "Venture firm scents juicy bone on web -- pet kibble". San Francisco Business Journals. Retrieved 18 December 2018.
- ^ Garland, Russ (30 July 2014). "Meritech Rounds Up $500M for Fifth Fund, Sees Later-Stage Opportunities Aplenty". Wall Street Journal. Retrieved 18 December 2018.
External links
- Official website
- MeriTech Capital Partners. Business Week Profile