Sony Pixel Power calrec Sony

IVP Concludes Succeful Year - Raises $750 Million Fund and Leads Eight New Investments

21/12/2012

Menlo Park, CA December 21, 2010 - Institutional Venture Partners (IVP), one of the premier later-stage venture capital and growth equity firms, celebrated its 30th year with a new $750 million fund and eight new investments in market-leading companies. IVP's success is derived from working with innovative companies such as HomeAway, Twitter, and Zynga that are creating new industries and redefining old ones. With a strong team and significant momentum, IVP remains committed to its focused strategy of investing in rapidly-emerging technology and digital media companies throughout the United States.

$750 Million Later-Stage Venture Capital and Growth Equity Fund

In August, IVP announced the closing of Institutional Venture Partners XIII (IVP XIII), a $750 million later-stage venture capital and growth equity fund. This new fund follows the recent success of IVP XII, a $600 million fund formed in 2007. The fund was oversubscribed and its closing was a confirmation of LP support for IVPs focused strategy and experienced team. IVP XIII is the largest fund IVP has raised in its thirty year history and brings the firms cumulative committed capital to $3 billion.

New Portfolio Companies

IVP led a $23 million later-stage venture financing in Buddy Media, the social media management system of choice for eight of the ten worlds largest advertisers.

IVP led a $10 million later-stage venture financing in DoubleVerify, the pioneer and market leader in online advertising verification.

IVP led a $68 million growth equity financing in FleetMatics, a market leader of GPS tracking applications for commercial fleets.

IVP led a $10 million shareholder liquidity transaction in Kayak, the worlds leading travel search engine.

IVP led a $30 million later-stage venture financing in LensVector, the leader in solid-state optical components for camera phones, laptops and other consumer electronics.

IVP led a $25 million later-stage venture financing in Marketo, the global leader in Revenue Performance Management solutions that significantly increase an enterprise's marketing and sales success.

IVP led a $25 million later-stage venture financing in ngmoco, a leading publisher and developer of social games for iPhone OS devices. Late in the year, ngmoco was acquired by DeNA for up to $400 million in cash and securities.

IVP led a $16 million later-stage venture financing in Spiceworks, provider of the first and only social IT management application connecting the world's IT pros and top technology companies.

Industry Recognition

AlwaysOn named IVP to its 2010 Venture Capital 100 list featuring venture capital firms that are leading the industry in making high-growth private company investments.

Norm Fogelsong, General Partner, was elected to the National Venture Capital Association (NVCA) Board of Directors to help guide the industry that has had the largest impact on job creation in the private sector over the last thirty years.

Promotions and New Hires

Recognizing that success begins with a strong team, IVP made a number of promotions and new hires during the year. Melanie Chladek was promoted to the position of Administrative Partner and Chief Financial Officer, Jules Maltz was promoted to Principal, Somesh Dash was promoted to Vice President, and James Newell was promoted to Senior Associate. In addition, IVP added two new Associates, Daniel Barney and Richard Kerby, to its investment team.

IVP has five general partners and six active investment professionals focused on identifying later-stage growth companies in the Internet & Digital Media, Enterprise IT, and Communications & Wireless sectors. In 2011, the firm will continue to expand its team to pursue additional investments in fast-growing companies with significant revenue traction.

About Institutional Venture Partners (IVP)

With $3 billion of committed capital, Institutional Venture Partners (IVP) is one of the premier later-stage venture capital and growth equity firms in the United States. The partnership is currently investing IVP XIII, a $750 million later-stage fund focused on investments in rapidly growing technology and digital media companies. Founded in 1980, IVP has invested in over 300 companies, 85 of which have gone public. IVP has a 30 year IRR of 43.2% and is one of the top performing firms in the industry. IVP specializes in venture growth investments, industry rollups, founder liquidity transactions and select public market investments. Since its inception, IVP investments include such notable companies as ArcSight (ARST), Aspect Communications (ASPT), At Road (ARDI), Business.com (RHD), Clarify (CLFY), ComScore (SCOR), Concur Technologies (CNQR), Danger (MSFT), Digital River (DRIV), Form Factor (FORM), Foundry Networks (FDRY), HomeAway, Juniper Networks (JNPR), Kayak, LSI Corporation (LSI), Mobile 365 (SY), MySQL (ORCL), Netflix (NFLX), Polycom (PLCM), Quigo (TWX), Seagate (STX), Synchronoss (SNCR), Tivo (TIVO), Twitter, Websense (WBSN) and Zynga. For more information, visit http://www.ivp.com or follow IVP on Twitter: http://twitter.com/ivp.
LINK: http://www.ivp.com/news/press-release/ivp-concludes-successful-year---...
See more stories from ivp

Most recent headlines

02/01/2026

Pearl TV To Unveil NextGen TV Converter Box Program At CES 2026

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

02/01/2026

Coming Soon to RT this New Year

Sequins, chat shows, live sporting action, ground-breaking docuseries and brand-new Irish drama to kick off 2026 New Year, New Content Coming Soon across RT ...

01/01/2026

Latin Grammy Cultural Foundation Announces 2026 Noel Schajris Scholarship

Latin Grammy Cultural Foundation Announces 2026 Noel Schajris Scholarship The scholarship will cover tuition and housing for one Berklee College of Music stud...

01/01/2026

GeForce NOW Rings In 2026 With 14 New Games in January

New year, new games, all with RTX 5080-powered cloud energy. GeForce NOW is kicking off 2026 by looking back at an unforgettable year of wins and wildly high fr...

31/12/2025

NFL Christmas Gameday on Netflix Scores Again With the Lions-Vikings Becoming the Most-Streamed NFL Game in US History

Back to All News NFL Christmas Gameday on Netflix Scores Again With the Lions-V...

30/12/2025

As the College Football Playoff Enters the Quarterfinals, ESPN Blows Out Its MegaCast Multiplatform Playbook

As the College Football Playoff Enters the Quarterfinals, ESPN Blows Out Its Meg...

30/12/2025

SVG's Best of 2025: Original Articles

SVG's Best of 2025: Original ArticlesTake a look back at all our coverage of big-time productions, game-changing technologies, and state-of-the-art new faci...

30/12/2025

L3Harris Sets Date for Fourth Quarter 2025 Earnings Release

MELBOURNE, Fla., Dec. 30, 2025 - L3Harris Technologies (NYSE: LHX) will release its fourth quarter 2025 financial results before the market opens on Thursday, J...

30/12/2025

TV Techs Most Popular Stories of 2025

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

30/12/2025

Ring in the New Year with Patrick Kielty and a sparkling line-up on The Late Late Show New Year's Eve Show

Your live countdown to 2026 with Inhaler, David Gray, Lyra, Garron Noone, Sharon...

30/12/2025

Space42 Conducts Europe's First Licensed HAPS Flight

It marked the first civilian operational authorization for a HAPS flight in Europe, led by Space42's subsidiary, Mira Aerospace The flight demonstrated HAP...

29/12/2025

San Francisco 49ers Strike Gold With Halftime Laser Spectacular

San Francisco 49ers Strike Gold With Halftime Laser SpectacularStunning display caps $200 million renovation of Levi's Stadium techBy Dan Daley, Audio Edito...

29/12/2025

The Cup's Around the Corner: An Inside Look at Broadcast Preparations for the 2026 FIFA World Cup With FIFA's Oscar Sanchez

The Cup's Around the Corner: An Inside Look at Broadcast Preparations for th...

29/12/2025

SVG's Best of 2025: Longform Video

SVG's Best of 2025: Longform VideoWatch the standout keynote conversations, deep dives, and panel discussions from the year for free on SVG PLAY!By Brandon ...

29/12/2025

25 Ways Spotify Leveled Up Your Listening in 2025

From crisper Lossless audio and immersive music videos in beta to new Audiobooks+ plans, custom transitions between tracks, and in-app Messages, we keep levelin...

29/12/2025

TV Tech's Top Regulatory Stories of the Year

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

27/12/2025

TV Tech's Top Data Dumps of 2025

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

26/12/2025

TV Tech's Top Streaming Stories of 2025

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

26/12/2025

TV Tech's Top Data Points of 2025

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

25/12/2025

Make Spirits Bright With Holiday Hits on GeForce NOW

Holiday lights are twinkling, hot cocoa's on the stove and gamers are settling in for a well-earned break. Whether staying in or heading on a winter getawa...

24/12/2025

What is AI good for?

What is AI good for? Posted by MTI Film on December 24, 2025 What is AI good for? What is AI good for? It's been three years since ChatGPT first cap...

24/12/2025

AI in 2026: More Collaboration, Less Hype

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

24/12/2025

Carr Lays Out FCCs 'Key Wins in 2025'

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

24/12/2025

CES: Cineverse Unveils New Features for Cinesearch

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

24/12/2025

IES, AES Promote Graham Kirk, Brienne Willcock

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

24/12/2025

Ad Tech and CTV Experts Forecast 2026's Biggest Trends

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

24/12/2025

Shaking up Sunday nights this January Dancing with the Stars unveils the new promo for 2026

RT has unveiled an exclusive first look at the new Dancing with the Stars promo...

24/12/2025

The Boyfriend' Season 2 Unveils Heartwarming Trailer, Key Art, and Participants' Profiles

Back to All News The Boyfriend' Season 2 Unveils Heartwarming Trailer, Key...

24/12/2025

Love, Fights, and Everything in Between: Badly in Love' Returns for Season 2

Back to All News Love, Fights, and Everything in Between: Badly in Love' Returns for Season 2 Entertainment 24 December 2025 GlobalJapan Link copied t...

24/12/2025

December 23, 2025

Scripps Research study links sleep variability with sleep apnea and hypertension How consumers' digital activity trackers could enable personalized health s...

23/12/2025

How guilas Cibaeas Dominican Winter League Games Are Locally Produced for Global Audience

How guilas Cibae as Dominican Winter League Games Are Locally Produced for Glob...

23/12/2025

CAMB.AI Enables European Athletics to Offer Multi-Language Support

CAMB.AI Enables European Athletics to Offer Multi-Language SupportPlan is to eventually offer translation into all languages spoken in EuropeBy Ken Kerschbaumer...

23/12/2025

Analysis: As Sports Media Values Trend Negative, Scarcity and Quality Are King

Analysis: As sports media values trend negative, scarcity and quality are king By Callum McCarthy, Editor-at-Large Monday, December 22, 2025 - 14:08 Print ...

23/12/2025

ESPN, Disney, and NBA Return to the Animated Altcast Fray With Second Edition of Dunk the Halls'

ESPN, Disney, and NBA Return to the Animated Altcast Fray With Second Edition of...

23/12/2025

End the Year on a High Note and Donate to the Sports Broadcasting Fund Today!

End the Year on a High Note and Donate to the Sports Broadcasting Fund Today!By Ken Kerschbaumer, Editorial Director Tuesday, December 23, 2025 - 12:25 pm P...

23/12/2025

Find Your Perfect Holiday Romance Listen With These Swoon-Worthy Audiobooks

The year is winding down, the weather outside is frightful, and it's the perfect time to escape into a story that warms the heart. For listeners looking for...

23/12/2025

L3Harris Receives Letter of Intent from Kratos Defense for Production of Large Hypersonic Solid Rocket Motors

A Zeus motor is hot fire tested at L3Harris' Camden, Arkansas, solid rocket ...

23/12/2025

FCC Bans All New Foreign-Made Drones

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

23/12/2025

Gray Media Renews Its NBC Affiliation Agreements

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

23/12/2025

Lightware to showcase breakthrough Google Meet and TPN MM...

Lightware will exhibit several major product innovations at ISE 2026, including the new USB-C BOOSTER-V1, Google Meet. integration for various Taurus UCX models...

23/12/2025

Nielsen, Roku Expand Measurement Partnership

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

23/12/2025

PwC: Streaming Market Shifting to 'Scale and Sustainability'

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

23/12/2025

Inside the Gray Innovation Lab

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

23/12/2025

ESPN Renews Deal for Heisman Trophy Coverage

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

23/12/2025

Gray Media to Acquire WBBJ from Bahakel Communications

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

23/12/2025

Taking the Stage at Carnegie Hall-On a Global Scale

Taking the Stage at Carnegie Hall-On a Global Scale Boston Conservatory Orchestra students reflect on their epic concert marking the 80th session of the UN Gene...

23/12/2025

Netflix's 'The Great Flood' and 'Culinary Class Wars 2' Top Global Charts Simultaneously

Back to All News Netflix's The Great Flood and Culinary Class Wars 2 Top Gl...

23/12/2025

'Stranger Things' By the Numbers: How the Global Phenomenon Shaped Culture

Back to All News Stranger Things By the Numbers: How the Global Phenomenon Shap...