Meritech Capital Partners

Meritech Capital Partners
Private
Industry Private equity
Founded 1999
Founders Mike Gordon, Paul Madera, Rob Ward
Headquarters Palo Alto, CA, United States
Key people
 Craig Sherman (Managing Director)
Products Venture capital
Total assets $2.6 billion
Number of employees
 20+
Website www.meritechcapital.com

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.

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. 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. [1]

Investments

Among Meritech's most notable investments are Cornerstone OnDemand,[2] Facebook,[3] Fortinet, and Salesforce.com. Other notable investments include Anaplan, 2Wire, Evernote, Tableau Software, Sourcefire, Riverbed, Netezza, Netsuite, IntraLase, and Cloudera.

References

  1. ↑ 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
  2. ↑ Cornerstone OnDemand Secures New Financing to Accelerate Business Growth
  3. ↑ Facebook raises $25M. San Francisco Business Times, April 19, 2006


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