Meritech Capital Partners

Meritech Capital Partners is an American private equity 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. It is known as one of the most prestigious technology growth equity firms in the world. Their funds are some of the best performing in the growth equity industry.

Meritech Capital Partners
TypePrivate
IndustryPrivate equity
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

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.[1] 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.[2]

References
  1. Carlsen, Clifford (16 May 1999). "Venture firm scents juicy bone on web -- pet kibble". San Francisco Business Journals. Retrieved 18 December 2018.
  2. Garland, Russ (30 July 2014). "Meritech Rounds Up $500M for Fifth Fund, Sees Later-Stage Opportunities Aplenty". Wall Street Journal. Retrieved 18 December 2018.


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