Scale Venture Partners

Scale Venture Partners is a venture capital firm that invests primarily in early-in-revenue technology companies with a focus on Internet, cloud computing, software as a service (SaaS), and mobile products.

The firm is based in Foster City, California, and has been in existence since 2000. The firm had its beginnings as Bank of America’s in-house venture capital firm before spinning out in 2007.^[1]

Scale Venture Partners maintains close to $1 billion in assets under management. As of May 2013, Scale Venture Partners is currently investing from its fourth fund, a $300 million fund.^[2] Prior to this raise, the firm closed their third round in 2010 with $250 million in investor commitments.^[3]

In 2007, the firm changed its name from BA Ventures to Scale Venture Partners.^[4]

Investments

According to their website, the size of their investments often ranges from $3 million to $20 million, with an average of $12 million over the entire life of an investment. The firm used to also focus its investments in the health care market, but ceased such activity due to slow Food and Drug Administration (FDA) regulations and a difficult review process.^[5]

Scale Venture Partners has done many investments, including Box.com, BrightRoll, Everyday Health, ExactTarget, FrontBridge Technologies, DocuSign, HubSpot, RingCentral, NComputing, Omniture, uTest, Vitrue, and a $11 million investment in PubNub.^[6]

This past summer, they led a $45 million Series D round in DataStax, a San Mateo-based company which distributes a commercial version of Apache Cassandra.^[7]

Their most recent investments include Bill.com,^[8] Chef,^[9] and Sailthru^[10]

Their mature investments include FrontBridge Technologies (acquired by Microsoft),^[11] Vitrue (acquired by Oracle for a reported $300 million),^[12] ExactTarget (acquired by Salesforce.com for $2.5 billion),^[13] Omniture (acquired by Adobe for $1.8 billion),^[14] and RingCentral ($98 million IPO in September 2013).^[15]

References

External links

• Scale Venture Partners (company website)

Private equity and venture capital investment firms
Investment strategy	Venture Growth Mezzanine Secondaries Leveraged buyout
History	History of private equity and venture capital Early history of private equity Private equity in the 1980s Private equity in the 1990s Private equity in the 2000s
Investors	Angel investor Corporate venture capital Commercial bank Crowdfunding Institutional investor Insurance company Investment bank Endowment Family office Fund of funds High-net-worth individual Merchant bank Pension fund Sovereign wealth fund
Private equity firms Venture capital firms Portfolio companies