Meritech Capital Partners

Meritech Capital Partners
TypePrivate
IndustryLate-Stage Venture Firm
Founded1999
FoundersMike Gordon, Paul Madera, Rob Ward
HeadquartersPalo Alto, CA, United States
Key peopleCraig Sherman (Managing Director)
ProductsVenture capital
Total assets$2.6 billion
Number of employees
20+
Websitewww.meritechcapital.com

Meritech Capital Partners is an American venture capital firm focused on late-stage 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.

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.

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.