Menlo Park, CA - December 14, 2017 - During 2017, IVP made 10 new investments and announced four significant M&A transactions: AppDynamics (Cisco), DoubleVerify (Providence Equity Partners), Cyence (Guidewire), and Shazam (Apple). In addition, three IVP companies went public: Snap (SNAP), MuleSoft (MULE), and Yext (YEXT). The firm has now had 106 IPOs. IVP also raised a new $1.5 billion fund and the firm's portfolio companies raised over $1.8 billion in follow-on funding.
As an investor in innovative companies, such as AppDynamics, Casper, Coinbase, Compass, Domo, Dropbox, Glossier, The Honest Company, Mindbody, Rubrik, Slack, Snap, Supercell, Tanium, Twitter, and ZipRecruiter, IVP remains committed to its focused strategy of supporting innovation at the growth stage and partnering closely with exceptional management teams throughout the United States.
$1.5 Billion Later-Stage Venture Capital and Growth Equity Fund
In September, IVP announced the closing of IVP XVI, a $1.5 billion later-stage venture capital and growth equity fund. The new fund follows the recent success of IVP XV, a $1.4 billion fund formed in 2015. Similar to prior funds, IVP XVI was significantly oversubscribed. IVP XVI is the largest fund raised in the firm's 37-year history and brings the firm's cumulative committed capital to $7 billion.
IPOs in 2017:
Snap (SNAP), a social media camera company with the mission to improve the way people live and communicate, went public in March. IVP led Snap's Series B round in June 2013.
MuleSoft (MULE), a leading platform for building application networks, went public in March. IVP made its initial investment in August 2016.
Yext (YEXT), a provider of digital knowledge management solutions, went public in April. IVP made its initial investment in October 2009.
Significant M&A Exits in 2017:
AppDynamics, a leader in application performance monitoring, was acquired by Cisco (CSCO) for $3.7 billion in January. IVP made its initial investment in January 2013.
DoubleVerify, a leading provider of digital media quality authentication solutions for the world's largest brands, was acquired by Providence Equity Partners in August. IVP made its initial investment in February 2010.
Cyence, a leading provider of data science and risk analytics to quantify cyber risk, was acquired by Guidewire Software (GWRE) for $275 million in October. IVP made its initial investment in February 2016.
Shazam, a mobile discovery company used by hundreds of millions of people each month to connect to the world around them, announced it had signed an agreement to be acquired by Apple (AAPL) in December. IVP made its initial investment in April 2011.
IVP Investments Announced in 2017:
Amplitude, a leading product analytics company
Coinbase, one of the world's leading digital currency trading platforms
Grammarly, a provider of AI-powered products helping people communicate more effectively
MasterClass, the premier online education platform
The Player's Tribune, the first content platform created, curated, and controlled by athletes
Qadium, the first automated global Internet intelligence company
Rubrik, an advanced cloud data management company
Tala, a leading finance mobile technology and data science company
Thrive Global, a media company helping employees improve their well-being and performance
TransferWise, the best way to send money abroad
Large Follow-On Rounds in 2017:
Casper, a market leading e-commerce company, raised $170 million
Compass, a technology-powered real estate company, raised $550 million
Domo, a leading business intelligence platform, raised $100 million
The Honest Company, a leading healthy lifestyle brand, raised a Series E growth financing
Personal Capital, a leader in digital wealth management, raised $40 million
Qubole, a data-as-a-service company, raised $25 million
Slack, a provider of a messaging platform for teams, raised $250 million
SoFi, a modern finance, lending, and wealth management platform, raised $500 million
SoundCloud, the leading audio platform, raised a growth financing round
Sumo Logic, the leading cloud-native, machine data analytics platform, raised $75 million
Tanium, a leading endpoint security and systems management platform, raised $100 million
TuneIn, the online radio company, raised $50 million
Industry Recognition
In 2017, two of IVP's General Partners - Todd Chaffee and Dennis Phelps - were named to the prestigious Forbes Midas List of 100 Best Venture Capitalists. Todd has been on all the Midas Lists since 2009. Dennis has been on the Midas List twice before. Todd Chaffee and Sandy Miller were named to The New York Times and CB Insights List of the Top 100 Venture Capitalists for the second year in a row. Alexander Lim was named to the 2017 Forbes 30 Under 30 Venture Capital List.
IVP has eight partners and eight additional investment professionals focused on identifying later-stage growth companies in the consumer and enterprise sectors. IVP is one of the top performing firms in the venture capital industry, typically serving as a lead investor in later-stage rounds with equity investments ranging from $10 to $100 million.
Promotions and New Hires
IVP's success in 2017 coincided with several important promotions and new hires during the year. Tom Loverro and Roseanne Wincek were promoted to Principals in recognition of their contributions to IVP and highlighting the firm's continued momentum in strengthening its investment team. Kelly O'Kane returned to IVP as its first Vice President of Business Development. Parsa Saljoughian returned to IVP as a Vice President on the investment team. Chloe Breider and Jason Kong joined the firm as Associates.
Click here for 2017 IVP Summary Infographic
About IVP
With $7 billion of committed capital, IVP is one of the pre
Most recent headlines
11/12/2025
Dalet, a leading provider of cloud-native, end-to-end media workflow solutions, ...
28/11/2025
Nadia Fall attends the 2025 Sundance Film Festival premiere of Brides at the Egyptian Theatre on January 24, 2025, in Park City, Utah. (Photo by Donyale West/...
28/11/2025
It's easy to ignore those little red update available badges. But when it ...
28/11/2025
WASHINGTON Federal Communications Commission has released a tentative agenda for the December Open Commission Meeting scheduled for Thursday, December 18, 2025 ...
28/11/2025
The Professional Fighters League is looking to super-serve fans of mixed martial...
28/11/2025
Fubo has released in beta on select Roku devices a new feature that lets users display up to four simultaneous streams at once....
28/11/2025
The WNBA playoffs and Week 4 of the NFL regular season highlight the list of live sports events airing on television this weekend....
28/11/2025
The 32nd class of honorees to the B+C Hall of Fame took to the stage at New York's Ziegfeld Ballroom on September 26 for a gala induction event. Click below...
28/11/2025
We hold in our hands the very last Next Text for Next TV, the weekly back-and-fo...
28/11/2025
DirecTV said it made a deal with EchoStar to buy EchoStar's video businesses, including satellite-TV provider Dish TV and virtual MVPD Sling TV, for $1 plus...
28/11/2025
The Broadcasting+Cable Hall of Fame, the premier industry event paying tribute to the influencers, innovators and shining lights of broadcast, cable and streami...
28/11/2025
Friday 28 November 2025
Sky Sports x Slawn drop limited-edition football jersey...
28/11/2025
Rohde & Schwarz shows resilience in a challenging environment, revenue exceeds t...
28/11/2025
Unwrapped: The Toy Show Appeal - airing this Sunday on RT One and RT Player- s...
27/11/2025
LONDON Vizrt has added several AI-driven advanced features offering improved speed, intelligence and accuracy in the newest version of its media asset managemen...
27/11/2025
Prime Video has launched AI-powered video season recaps in a beta version for select English-language Prime Original series in the U.S., a move Amazon is callin...
27/11/2025
Back to All News
Netflix's Raat Akeli Hai: The Bansal Murders Marks a Grand...
27/11/2025
27 Nov 2025
GSMA brings M360 Eurasia 2026 to Samarkand in partnership with VEON...
27/11/2025
Tahar Rahim and Izuka Hoyle star in the gripping six-part Sky Original from Acad...
27/11/2025
Thursday 27 November 2025
Sky Arts Reveals the Nation's Greatest Basslines - and Queen Reign Supreme
The UK's most iconic basslines have been revealed...
27/11/2025
Back to All News
Stranger Things 5': Prepare for One Last Adventure With O...
27/11/2025
The media industry has a paradox at its core. It's an industry built on light, color and imagination, yet behind the scenes, it's powered by one of the ...
27/11/2025
Rating reflects rating progress across areas including policies, diversity & inclusion, health & safety and Net Zero leadership
Winchester, UK, 27 November 202...
27/11/2025
What are the industry standards for Retail Media? Kathryn explains that certification is based on the IAB Europe Retail Media Measurement Standards and the IAB ...
27/11/2025
World champion boxer and Irish sporting icon Katie Taylor will be in studio this...
27/11/2025
Roblox, one of the world's most popular online gaming platforms for primary ...
27/11/2025
Black Friday is leveling up. Get ready to score one of the biggest deals of the season - 50% off the first three months of a new GeForce NOW Ultimate membership...
26/11/2025
SVG Sit-Down: Prime Video EP Mike Muriano Previews Massive Black Friday Slate Fe...
26/11/2025
A cinematic snow sculpture at the 1995 Sundance Film Festival. Photo by Randall Michelson...
26/11/2025
Book podcasts are booming. On Spotify, you'll find everything from celebrity book clubs to deep dives with bestselling authors. And in markets where audiobo...
26/11/2025
Mumbai, November 24, 2025: In a first-of-its-kind initiative, JioStar, in collab...
26/11/2025
LONDON Factual content producer ITN Productions has launched a new low-latency IP gallery for news bulletins....
26/11/2025
MIAMI TelevisaUnivision said it struck a new multiyear distribution agreement with YouTube TV that includes distribution of TelevisaUnivision's U.S. network...
26/11/2025
OpenDrives, Inc., a leader in software-defined data storage and data services, today announced the launch of the Atlas Corporate Creative Solution. This new Atl...
26/11/2025
Disguise, the industry-leading company powering the world's biggest live performances, is partnering with pioneering LED wall manufacturer DVS to give atten...
26/11/2025
HighField AI, the pioneer in agentic and multimodal automation for broadcast and media production, today announced the expansion of its global channel partner n...
26/11/2025
As high-stakes Premier League fixtures approach and additional premium content launches, with MONO positioning themselves to dominate Thailand's sports stre...
26/11/2025
Hosting a wide variety of events from high-intensity NHL games to complex live music concerts and major entertainment productions, Montreal's 21,000 capacit...
26/11/2025
Vizrt, the leader in live production technology revolutionizing viewer engagement and experience, releases AI-driven advances focusing on speed, intelligence, a...
26/11/2025
ITN Productions, an award-winning factual content producer, today launched a new low-latency IP gallery for news bulletins. Responsible for delivering a leading...
26/11/2025
Ikegami reports ongoing advances throughout 2025 in developing and delivering coordinated television production solutions that maximize quality, versatility and...
26/11/2025
Following the Nov. 21 blackout of NBCUniversal channels on Fubo, the two sides have traded barbs about their inability to reach a new carriage deal....
26/11/2025
LONDON As TV sports rights become increasingly important for both broadcasters and streamers, Ampere Analysis predicts global investment in the genre will surpa...
26/11/2025
LOS ANGELES Vubiquity said it has achieved the Amazon Web Services (AWS) Media & Entertainment Competency as part of the AWS Partner Network (APN). This designa...
26/11/2025
WASHINGTON The Federal Communications Commission's Enforcement Bureau said it has entered into a consent decree with Comcast calling for the cable company t...
26/11/2025
Berklee Named to the Hollywood Reporters Top Music Schools List The publication highlights the college's screen scoring program, industry partnerships, and ...
26/11/2025
Back to All News
Animated Series Love Through a Prism' Casts New Light on ...
26/11/2025
Back to All News
NALIP Unveils Fifth Cohort of Director Incubator
Social Impact
26 November 2025
United States
Link copied to clipboard
The National Assoc...
26/11/2025
YouView Achieves Greenly Gold Certification for SustainabilityNov 26, 2025
YouView is proud to announce a Gold Certification award from Greenly for our perform...
Menlo Park, CA - December 14, 2017 - During 2017, IVP made 10 new investments and announced four significant M&A transactions: AppDynamics (Cisco), DoubleVerify (Providence Equity Partners), Cyence (Guidewire), and Shazam (Apple). In addition, three IVP companies went public: Snap (SNAP), MuleSoft (MULE), and Yext (YEXT). The firm has now had 106 IPOs. IVP also raised a new $1.5 billion fund and the firm's portfolio companies raised over $1.8 billion in follow-on funding.
