Click here to close now.

Welcome!

Weblogic Authors: Elizabeth White, Michael Meiner, Michael Bushong, Avi Rosenthal

News Feed Item

For Bessemer Venture Partners 2012 Proved a Banner Year: Highlights Include Five IPOs, Major M&A Exits, and 20 New Investments

MENLO PARK, CA and LARCHMONT, NY -- (Marketwire) -- 01/17/13 -- Bessemer Venture Partners, a top venture capital firm backing great entrepreneurs who lead transformative startups and other high growth companies, ended 2012 on a high note counting five IPOs and a number of major M&A exits. The partnership, known for investing early in innovators such as Endeca, LinkedIn, Yelp and Pinterest, also made 20 new investments this year.

2012 IPOs
With 5 IPOs, BVP earned a spot among the top three VCs for total IPOs in 2012, according to the NVCA. These include:

  • Eloqua (NASDAQ: ELOQ) went public in August. BVP invested in 2007. Oracle recently announced the acquisition of Eloqua for $871 million plus company cash.
  • Lifelock (NYSE: LOCK) went public in October. BVP was the first institutional investor, leading the Series A and participating in each later round. At the time of IPO, BVP was the largest shareholder in Lifelock and remains so today.
  • Millennial Media (NASDAQ: MM) went public in March. BVP seeded the company, co-led the Series A and participated in each later round, sharing the role of largest shareholder.
  • Verastem (NASDAQ: VSTM) went public in January. BVP co-led the Series A financing and participated in each later round.
  • Yelp (NYSE: YELP) Yelp went public in March. BVP was the first institutional investor, investing in 2005 and securing a stake as the largest shareholder. The firm remains the largest shareholder today.

2012 M&A Highlights
In 2012, BVP realized venture returns through a number of major M&A exits. Highlights include:

  • Stromedix was acquired by Biogen in March for $75 million upfront, plus up to $487.5 million in milestone based payments. BVP backed the company in multiple rounds.
  • OMGPop was acquired by Zynga in March for $178 million. BVP was an early investor.
  • Summit Microelectronics was acquired by Qualcomm in June for an undisclosed sum. BVP participated in a number of the rounds of financing.
  • SelectMinds was acquired in September by Oracle for an undisclosed sum. BVP was the first and only venture investor in the Series A round. There were no further rounds.
  • Truaxis was acquired by Mastercard in September for an undisclosed amount. BVP incubated the company in its offices, then led and participated in their later financing rounds as the largest shareholder.
  • Traffix Systems was acquired by F5 Networks for $135 million in February, less than six months after BVP's October 2011 investment in the series B round. BVP was the largest shareholder.

2012 Investments
BVP made 20 new investments in 2012, and a number of other follow-on investments. Highlights include:

  • ClearSlide, Inc., sales communications platform that helps sales professionals to be more strategic and effective in their presentations, emails, and in-person meetings
  • Health Essentials Holdings, Inc., provider of post-acute care management services
  • Liazon Corporation, online private benefit exchange platform for small and medium sized businesses MyHeritage Ltd., online application for researching and building family trees
  • SendGrid, Inc., cloud-based email infrastructure relieves businesses of the cost and complexity of maintaining custom email systems
  • Thinking Phone Networks, provider of cloud-based communications services to corporate customers
  • Twitch.tv, the world's largest video platform and community for gamers
  • Xtime, leading cloud-based Customer Relationship Management (CRM) and scheduling platform for the automotive service industry
  • Zapier Inc., enables the integration of different web apps
  • 42Floors, Inc., online marketplace for commercial real estate

2012 follow-on investments include Box, Criteo, Fiverr, Twilio, Tilera and Pinterest, in which BVP led the Series A and remains the largest shareholder.

Industry Distinction
BVP's investment team was recognized within the industry for their outstanding performance and expertise. Forbes named BVP partners David Cowan, Rob Chandra, Byron Deeter, Bob Goodman, and Jeremy Levine to the prestigious Midas List of Top 100 Tech Investors (2012). And, Bob Goodman, G. Felda Hardymon, and Jeremy Levine were named to the AlwaysOn 2012 Venture Capital 100 list, while AlwaysOn named David Cowan and Byron Deeter as 2012 Power Players in the Cloud and listed Bob Goodman and David Cowan as Mobile Power Players of 2012.

BVP has 45 active investment professionals, focused on identifying investment opportunities in start-ups in the Cloud Computing, Education Technology, Healthcare IT and Services, Infrastructure 2.0, Israel, India and Emerging Markets, Mobile, Online Retail and Trusted Internet sectors. In 2013, the firm will continue to invest in these and other areas, teaming with exceptional management teams and fostering the growth of BVP portfolio companies.

BVP's track record is exceptional for its longevity, success and breadth across multiple partners in a mix of sectors, stages and geographies. The firm's investments range from $100,000 angel investments to $50 million hyper-growth deals, in 15 countries from six global offices. The success of 2012 follows a strong 2011, in which the firm benefited from early investments in LinkedIn, Cornerstone OnDemand and Endeca, among other exits, and raised a $1.6B global venture capital fund.

About Bessemer Venture Partners
With $4 billion under active management, Bessemer Venture Partners (BVP) is a global venture capital firm with offices in Silicon Valley, Cambridge, Mass., New York, Mumbai, Bangalore and Herzliya, Israel. BVP delivers a broad platform in venture capital spanning industries, geographies, and stages of company growth. From Staples to Skype, VeriSign to Yelp, LinkedIn to Pinterest, BVP has helped incubate and support companies that have anchored significant shifts in the economy. More than 100 BVP-funded companies have gone public on exchanges in North America, Europe, and Asia. See www.bvp.com or follow BVP on Twitter @bessemervp

Contact:
Tiffany Spencer
Bessemer Venture Partners
Email Contact
650-853-7000

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
SYS-CON Events announced today that robomq.io will exhibit at SYS-CON's @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. robomq.io is an interoperable and composable platform that connects any device to any application. It helps systems integrators and the solution providers build new and innovative products and service for industries requiring monitoring or intelligence from devices and sensors.
Wearable technology was dominant at this year’s International Consumer Electronics Show (CES) , and MWC was no exception to this trend. New versions of favorites, such as the Samsung Gear (three new products were released: the Gear 2, the Gear 2 Neo and the Gear Fit), shared the limelight with new wearables like Pebble Time Steel (the new premium version of the company’s previously released smartwatch) and the LG Watch Urbane. The most dramatic difference at MWC was an emphasis on presenting wearables as fashion accessories and moving away from the original clunky technology associated with t...
The list of ‘new paradigm’ technologies that now surrounds us appears to be at an all time high. From cloud computing and Big Data analytics to Bring Your Own Device (BYOD) and the Internet of Things (IoT), today we have to deal with what the industry likes to call ‘paradigm shifts’ at every level of IT. This is disruption; of course, we understand that – change is almost always disruptive.
SYS-CON Events announced today that Solgenia will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY, and the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Solgenia is the global market leader in Cloud Collaboration and Cloud Infrastructure software solutions. Designed to “Bridge the Gap” between Personal and Professional Social, Mobile and Cloud user experiences, our solutions help large and medium-sized organizations dr...
The world's leading Cloud event, Cloud Expo has launched Microservices Journal on the SYS-CON.com portal, featuring over 19,000 original articles, news stories, features, and blog entries. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. Microservices Journal offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. Follow new article posts on Twitter at @MicroservicesE
SYS-CON Events announced today the IoT Bootcamp – Jumpstart Your IoT Strategy, being held June 9–10, 2015, in conjunction with 16th Cloud Expo and Internet of @ThingsExpo at the Javits Center in New York City. This is your chance to jumpstart your IoT strategy. Combined with real-world scenarios and use cases, the IoT Bootcamp is not just based on presentations but includes hands-on demos and walkthroughs. We will introduce you to a variety of Do-It-Yourself IoT platforms including Arduino, Raspberry Pi, BeagleBone, Spark and Intel Edison. You will also get an overview of cloud technologies s...
SYS-CON Events announced today that SafeLogic has been named “Bag Sponsor” of SYS-CON's 16th International Cloud Expo® New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. SafeLogic provides security products for applications in mobile and server/appliance environments. SafeLogic’s flagship product CryptoComply is a FIPS 140-2 validated cryptographic engine designed to secure data on servers, workstations, appliances, mobile devices, and in the Cloud.
After making a doctor’s appointment via your mobile device, you receive a calendar invite. The day of your appointment, you get a reminder with the doctor’s location and contact information. As you enter the doctor’s exam room, the medical team is equipped with the latest tablet containing your medical history – he or she makes real time updates to your medical file. At the end of your visit, you receive an electronic prescription to your preferred pharmacy and can schedule your next appointment.
Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 16th Cloud Expo at the Javits Center in New York June 9-11 will find fresh new content in a new track called PaaS | Containers & Microservices Containers are not being considered for the first time by the cloud community, but a current era of re-consideration has pushed them to the top of the cloud agenda. With the launch of Docker's initial release in March of 2013, interest was revved up several notches. Then late last...
The WebRTC Summit 2014 New York, to be held June 9-11, 2015, at the Javits Center in New York, NY, announces that its Call for Papers is open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 16th International Cloud Expo, @ThingsExpo, Big Data Expo, and DevOps Summit.
SOA Software has changed its name to Akana. With roots in Web Services and SOA Governance, Akana has established itself as a leader in API Management and is expanding into cloud integration as an alternative to the traditional heavyweight enterprise service bus (ESB). The company recently announced that it achieved more than 90% year-over-year growth. As Akana, the company now addresses the evolution and diversification of SOA, unifying security, management, and DevOps across SOA, APIs, microservices, and more.
GENBAND has announced that SageNet is leveraging the Nuvia platform to deliver Unified Communications as a Service (UCaaS) to its large base of retail and enterprise customers. Nuvia’s cloud-based solution provides SageNet’s customers with a full suite of business communications and collaboration tools. Two large national SageNet retail customers have recently signed up to deploy the Nuvia platform and the company will continue to sell the service to new and existing customers. Nuvia’s capabilities include HD voice, video, multimedia messaging, mobility, conferencing, Web collaboration, deskt...
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @WebRTCSummit Blog can be bookmarked ▸ Here @WebRTCSummit conference site can be bookmarked ▸ Here
SYS-CON Events announced today that Cisco, the worldwide leader in IT that transforms how people connect, communicate and collaborate, has been named “Gold Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Cisco makes amazing things happen by connecting the unconnected. Cisco has shaped the future of the Internet by becoming the worldwide leader in transforming how people connect, communicate and collaborate. Cisco and our partners are building the platform for the Internet of Everything by connecting the...
Temasys has announced senior management additions to its team. Joining are David Holloway as Vice President of Commercial and Nadine Yap as Vice President of Product. Over the past 12 months Temasys has doubled in size as it adds new customers and expands the development of its Skylink platform. Skylink leads the charge to move WebRTC, traditionally seen as a desktop, browser based technology, to become a ubiquitous web communications technology on web and mobile, as well as Internet of Things compatible devices.
Docker is an excellent platform for organizations interested in running microservices. It offers portability and consistency between development and production environments, quick provisioning times, and a simple way to isolate services. In his session at DevOps Summit at 16th Cloud Expo, Shannon Williams, co-founder of Rancher Labs, will walk through these and other benefits of using Docker to run microservices, and provide an overview of RancherOS, a minimalist distribution of Linux designed expressly to run Docker. He will also discuss Rancher, an orchestration and service discovery platf...
SYS-CON Events announced today that Vitria Technology, Inc. will exhibit at SYS-CON’s @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Vitria will showcase the company’s new IoT Analytics Platform through live demonstrations at booth #330. Vitria’s IoT Analytics Platform, fully integrated and powered by an operational intelligence engine, enables customers to rapidly build and operationalize advanced analytics to deliver timely business outcomes for use cases across the industrial, enterprise, and consumer segments.
SYS-CON Events announced today that Liaison Technologies, a leading provider of data management and integration cloud services and solutions, has been named "Silver Sponsor" of SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York, NY. Liaison Technologies is a recognized market leader in providing cloud-enabled data integration and data management solutions to break down complex information barriers, enabling enterprises to make smarter decisions, faster.
@ThingsExpo has been named the Top 5 Most Influential M2M Brand by Onalytica in the ‘Machine to Machine: Top 100 Influencers and Brands.' Onalytica analyzed the online debate on M2M by looking at over 85,000 tweets to provide the most influential individuals and brands that drive the discussion. According to Onalytica the "analysis showed a very engaged community with a lot of interactive tweets. The M2M discussion seems to be more fragmented and driven by some of the major brands present in the M2M space. This really allows some room for influential individuals to create more high value inter...
SYS-CON Events announced today that Akana, formerly SOA Software, has been named “Bronze Sponsor” of SYS-CON's 16th International Cloud Expo® New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Akana’s comprehensive suite of API Management, API Security, Integrated SOA Governance, and Cloud Integration solutions helps businesses accelerate digital transformation by securely extending their reach across multiple channels – mobile, cloud and Internet of Things. Akana enables enterprises to share data as APIs, connect and integrate applications, drive part...