The company has been funded by leading ventures funds including Formative Ventures, Levensohn Venture Partners, Lucas Venture Partners, Rustic Canyon Partners, Silicon Valley Bank, Saints Capital and Black Diamond Ventures.
Levensohn Venture Partners (LVP) is an early stage venture firm investing in technology companies that are transitioning from seed development to early commercialization of their product or services. Founded in 1996, LVP’s portfolio companies include Akros Silicon, Atheros, BigFix, BroadLogic, Capella, KnowNow, Rapt, Reconnex, Ubicom, and Veraz Networks. For more information, please visit www.levp.com.
Rustic Canyon Partners is an early stage venture capital firm that invests in exceptional entrepreneurs building transformational companies. The investment team works collaboratively, drawing on a diverse set of experiences as successful entrepreneurs, managers, and strategic and financial advisors. With over $900 million in funds under management, Rustic Canyon is one of the largest firms based in Southern California, with strong presence in Silicon Valley and Seattle. Key investment themes include Internet/media convergence, clean technology, technology-enabled services, information services, and wireless and wireline broadband.
Founded in 2000 and based in Menlo Park, California, Formative Ventures is a leading early-stage venture capital firm that invests in the industry’s next-generation emerging technologies leaders in areas such as communications, wireless and next-generation Internet solutions. The founders of FV believe that in today’s tough environment, technology start-ups are looking for investors with “real-world” start-up experience, and in very specific areas such as sales and marketing processes, scaling an organization for revenue or launching a product line. FV’s partners are experienced, personable executives who have the management depth, industry domain knowledge and a rich network of contacts to help early-stage companies get the market traction they need to become industry leaders.
The Lucas Venture Group, LVG, was founded by Donald A. Lucas, a second generation venture capitalist.
With roots back nearly 40 years in Silicon Valley. LVG consists of successful entrepreneurs, seasoned CEO’s and COO’s who have taken public or sold companies and created over $300 Billion in total market capitalization. The Group, including affiliates, partners, and associates have invested in over 75 companies including such industry leaders as Oracle Corporation (NASDAQ: ORCL), Cadence Design (NYSE: CDN), Macromedia, (acquired by Adobe, NASDAQ: ADBE), Advanced Fibre Communication (NASDAQ: AFCI), Coulter Pharmaceutical (acquired by Corixa Corporation which was then acquired by GlaxoSmithKline NYSE: GSK), Infinera (NASDAQ: INFN), Intuitive Surgical (NASDAQ: ISRG),
Capella Intelligent Subsystems, Turin Networks, Blue Arc, Nquire (acquired by Siebel, which was then acquired by Oracle, NASDAQ: ORCL), Dexcom (NASDAQ: DXCM), and Khimetrics (acquired by SAP, NYSE: SAP) www.lucasvg.com
Silicon Valley Bank is the premier commercial bank for companies in the technology, life science, private equity and premium wine industries. SVB provides a comprehensive suite of financing solutions, treasury management, corporate investment and international banking services to its clients worldwide. Through its focus on specialized markets and extensive knowledge of the people and business issues driving them, Silicon Valley Bank provides a level of service and partnership that measurably impacts its clients’ success. Founded in 1983 and headquartered in Santa Clara, Calif., the company serves clients around the world through 27 U.S. offices and five international operations. Silicon Valley Bank is a member of global financial services firm SVB Financial Group, with SVB Analytics, SVB Capital, SVB Global and SVB Private Client Services. More information on the company can be found at www.svb.com.
Saints Capital is a leading direct secondary acquirer of venture capital and private equity investments in emerging growth companies around the globe. Saints also makes traditional direct venture capital investments on a primary basis and in special situations in technology, healthcare, consumer and industrial companies in the United States. Headquartered in San Francisco, Saints is also represented by investment professionals in Europe and in Asia. We currently manage funds with investments in over one hundred individual companies totaling over a half of a billion dollars in originally invested capital. More information on the company can be found at www.saintsvc.com.
Founded in 1998, Black Diamond Ventures provides individual investors the opportunity to invest alongside institutional investors and first-tier venture capital firms in technology-leading companies. The BDV team takes an active role in its investments, providing support and guidance to entrepreneurs and management. Through their broad network of entrepreneurs, investors and partners, BDV is able to provide the experience, relationships and capital that emerging growth companies need. From early to late stage companies, BDV has invested in privately-held companies primarily in Telecommunications, Biotechnology, Medical Devices, Semiconductor Design, Mobile Applications and Clean Technology. For more information, please visit www.bdventures.com.