IVP Closes Record Year: 10 New Investments and $1.5 Billion Fund

IVP, a Menlo Park, CA – based later-stage venture capital and growth equity firm has issued the traditional end year summary note.

During 2017, the firm has made 10 new investments and announced four significant M&A transactions in AppDynamics (Cisco), DoubleVerify (Providence Equity Partners), Cyence (Guidewire), and Shazam (Apple).
In addition, three companies went public: Snap (SNAP), MuleSoft (MULE), and Yext (YEXT), with 106 IPOs now reached.

In September, IVP announced the closing of IVP XVI, a $1.5 billion later-stage venture capital and growth equity fund, the largest fund raised in the firm’s 37-year history and brings the firm’s cumulative committed capital to $7 billion.

The new investments Announced in 2017 include Amplitude, Coinbase, Grammarly, MasterClass, The Player’s Tribune, Qadium, Rubrik, Tala, Thrive Global, and TransferWise. Follow-On Rounds include Casper, Compass, Domo, The Honest Company, Personal Capital, Qubole, Slack, SoFi, SoundCloud, Sumo Logic, Tanium,
and TuneIn.

In terms of industry recognition, in 2017, two of IVP’s General Partners – Todd Chaffee and Dennis Phelps – were named to the Forbes Midas List of 100 Best Venture Capitalists. Chaffee and Sandy Miller were named to The New York Times and CB Insights List of the Top 100 Venture Capitalists for the second year in a row.
Alexander Lim was named to the 2017 Forbes 30 Under 30 Venture Capital List.




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