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Eric Liaw and Tom Loverro Named on the 2020 GrowthCap's Top 25 Software Investors List

21/10/2020

Menlo Park, CA - October 13, 2020 - IVP, a premier later-stage venture capital and growth equity firm, is pleased to announce that Eric Liaw and Tom Loverro have been named to the 2020 GrowthCap's Top 25 Software Investors List. The list highlights the most exceptional private capital investors who have demonstrated deep software sector expertise, high leadership acumen, exceptional investment judgment, and consistent professional performance over a sustained period of time.

It's an exciting time to invest in later-stage software companies, said Eric Liaw. Companies are targeting hundreds of millions of users in ever larger global markets, allowing them to grow faster than ever and generate significant revenue within a very short timeframe. The acceleration of digital transformation drives a massive opportunity for our current and future portfolio companies. It is an honor to work with many talented entrepreneurs and partner with them to create the market leaders of the future.

IVP invests in the fastest-growing technology companies and software is the majority of what we do, added Tom Loverro. We partner with exceptional management teams to build software companies of consequence.

IVP manages $7 billion in committed capital and is one of the top-performing firms in the venture capital industry. The firm has backed innovative companies such as CrowdStrike, Datadog, GitHub, Glossier, Grammarly, HashiCorp, Hopin, Klarna, MuleSoft, Slack, Snap, Supercell, TransferWise, Twitter, and UiPath and remains committed to its focused strategy of supporting innovation at the growth stage and partnering closely with exceptional management teams.

About Eric Liaw

Eric joined IVP in 2011. He is focused primarily on later-stage investments in high growth companies across a variety of sectors, including enterprise software, Internet, and mobile. Eric serves as a Board Director or Observer for IVP portfolio companies Aiven, App Annie, Deputy, Glossier, The Honest Company, IEX, Lulus, MasterClass, NextRoll, Supermetrics, and ZipRecruiter and led IVP's investments in Datadog (DDOG), GitHub (MSFT), Klarna, Robinhood, and UiPath. He previously served as a Board Director or Observer for Dropcam (GOOG), MINDBODY (MB), OnDeck (ONDK), RetailMeNot (SALE), Supercell (SFTBF), The Players' Tribune (Minute Media), and Wikia (TPG). The New York Times and CB Insights recognized Eric as one of the top 100 venture capitalists in the world in 2019. Eric holds a B.A. in Economics with a minor in Computer Science and an M.S. in Management Science and Engineering, both from Stanford University. Prior to joining IVP, Eric was with Technology Crossover Ventures (TCV) where he completed minority and control investments in private and public companies across the Internet and software sectors. Earlier in his career, Eric was a member of Morgan Stanley's Technology Investment Banking Group.

About Tom Loverro

Tom joined IVP in 2015. He focuses on investing in later-stage, high-growth consumer and enterprise companies. Tom currently serves as a Board Director or Observer for Attentive, Coinbase, HashiCorp, NerdWallet, and Podium. He was actively involved in sourcing, executing, and managing investments in Amplitude, Datadog (DDOG), GitHub (MSFT), IEX, OnDeck (ONDK), and Tanium. Forbes Magazine recognized Tom as one of venture capital's up-and-comers by his inclusion in the 2019 Midas Brink List. Tom holds an M.B.A. from the Kellogg School of Management, where he was an Austin Scholar, and a B.A. from Stanford University, where he graduated with Distinction. He began his career at Goldman Sachs & Co. in technology, media, and telecommunications investment banking. Following Goldman, he joined RRE, a leading early-stage venture firm, based in New York. Tom's involvement in RRE portfolio company Drobo led to him joining the company full-time for a period where he led Marketing.

About IVP

With $7 billion of committed capital, IVP is one of the premier later-stage venture capital and growth equity firms in the United States. Founded in 1980, IVP has invested in over 400 companies with 115 IPOs. IVP is one of the top-performing firms in the industry and has a 39-year IRR of 43.1%. IVP specializes in venture growth investments, industry rollups, founder liquidity transactions, and select public market investments. IVP investments include such notable companies as AppDynamics (CSCO), Coinbase, Compass, CrowdStrike (CRWD), Datadog (DDOG), Discord, Dropbox (DBX), GitHub (MSFT), Glossier, Grammarly, HashiCorp, Hims & Hers, HomeAway (AWAY), The Honest Company, Klarna, LegalZoom, Looker (GOOGL), Marketo (MKTO), MasterClass, Mindbody (Vista), MuleSoft (CRM), Netflix (NFLX), Personal Capital (Empower), Podium, Rubrik, Slack (WORK), Snap (SNAP), Supercell (Softbank), Tanium, TransferWise, Twitter (TWTR), UiPath, Yext (YEXT), ZenDesk (ZEN), ZipRecruiter, and Zynga (ZNGA). For more information, visit www.ivp.com or follow IVP on Twitter: @ivp.
LINK: https://www.ivp.com/news/press-release/eric-liaw-and-tom-loverro-named...
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