Meritech Capital Partners

Last updated
Meritech Capital Partners
Type Private
Industry Late-Stage Venture Firm
Founded1999
FoundersMike 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 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. [1]

Contents

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. [2] 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. [3]

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References

  1. "Meritech Raises $800 Million for Investment Fund". bloomberg.com. 2020-06-03. Retrieved 2022-09-10.
  2. Carlsen, Clifford (16 May 1999). "Venture firm scents juicy bone on web -- pet kibble". San Francisco Business Journals. Retrieved 18 December 2018.
  3. Garland, Russ (30 July 2014). "Meritech Rounds Up $500M for Fifth Fund, Sees Later-Stage Opportunities Aplenty". Wall Street Journal. Retrieved 18 December 2018.