Meritech Capital Partners
{{Short description|American Late-Stage Venture Firm}}
{{refimprove|date=November 2014}}
{{Infobox company
| name = Meritech Capital Partners
| logo = Meritech Capital logo.svg
| type = Private
| foundation = 1999
| founders = Mike Gordon, Paul Madera, Rob Ward
| location = Palo Alto, CA, United States
| industry = Late-Stage Venture Firm
| key_people = Craig Sherman (Managing Director)
| products = Venture capital
| assets = $2.6 billion
| homepage = [http://www.meritechcapital.com www.meritechcapital.com]
| num_employees = 20+
}}
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.{{Cite web |date=2020-06-03 |title=Meritech Raises $800 Million for Investment Fund |url=https://www.bloomberg.com/news/articles/2020-06-03/meritech-raises-800-million-for-growth-stage-investment-fund |access-date=2022-09-10 |website=bloomberg.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.{{cite web|url=https://www.bizjournals.com/sanfrancisco/stories/1999/05/17/newscolumn2.html|title=Venture firm scents juicy bone on web -- pet kibble|last=Carlsen|first=Clifford|date=16 May 1999|publisher=San Francisco Business Journals|access-date=18 December 2018}} 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.{{cite web|url=http://pevc.dowjones.com/Article?an=DJFVW00020140730ea7ur3roa&cid=32135008&ctype=ts&ReturnUrl=http%3a%2f%2fpevc.dowjones.com%2fArticle%3fan%3dDJFVW00020140730ea7ur3roa%26cid%3d32135008%26ctype%3dts|title=Meritech Rounds Up $500M for Fifth Fund, Sees Later-Stage Opportunities Aplenty|date=30 July 2014|last=Garland|first=Russ|publisher=Wall Street Journal|access-date=18 December 2018}}
References
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External links
- {{Official website|http://www.meritechcapital.com}}
- [https://archive.today/20130118142607/http://investing.businessweek.com/businessweek/research/stocks/private/snapshot.asp?privcapId=21799 MeriTech Capital Partners]. Business Week Profile
{{Venture capital firms}}
Category:Venture capital firms of the United States