Institutional Venture Partners

Silicon Valley Venture Capitalists' Confidence Inches Higher in the 4th Quarter of 2023, According to University of San Francisco Research Study in its 20th Year

Retrieved on: 
Thursday, March 21, 2024
Pillar, Vision Capital, Uncertainty, Satellite, Growth, Environment, Intelligence, SAN, Diffusion, Research, Acquisition, Entrepreneurship, University, AI, Institutional Venture Partners, Silicon, Icon Ventures, Iron pillar, USF, Initial public offering, Research report, University of San Francisco, School

SAN FRANCISCO, March 21, 2024 /PRNewswire-PRWeb/ -- The Silicon Valley Venture Capitalist Confidence Index™ for the fourth quarter of 2023, based on a January 2024 survey of 32 San Francisco Bay Area venture capitalists, registered 3.63 on a 5-point scale (with 5 indicating high confidence and 1 indicating low confidence). The Q4 2023 Index inched higher from the prior quarter's reading of 3.57 and now hovers just below the 20-year average of 3.65.

Key Points: 
  • SAN FRANCISCO, March 21, 2024 /PRNewswire-PRWeb/ -- The Silicon Valley Venture Capitalist Confidence Index™ for the fourth quarter of 2023, based on a January 2024 survey of 32 San Francisco Bay Area venture capitalists, registered 3.63 on a 5-point scale (with 5 indicating high confidence and 1 indicating low confidence).
  • The Q4 2023 Index inched higher from the prior quarter's reading of 3.57 and now hovers just below the 20-year average of 3.65.
  • It aims to provide unique quantitative and qualitative trend data and analysis on the confidence of Silicon Valley venture capitalists in the future high-growth entrepreneurial environment.
  • Mark Cannice, professor of entrepreneurship and innovation with the USF School of Management, authors the research study each quarter.

Obsidian Security Recognized as Strong Performer by Independent Research Firm

Retrieved on: 
Monday, December 11, 2023
Software, Networks, Internet, Hardware, Data Management, Technology, Apps, Applications, Security, IAM, Organization, Architecture, Institutional Venture Partners, GV (company), Norwest Venture Partners, Software as a service, Menlo Ventures, Fortune 500, Travel, Cryptocurrency, Obsidian, Greylock Partners

Additionally, the Obsidian Integration Risk Management module received the highest possible score in the connected apps criterion.

Key Points: 
  • Additionally, the Obsidian Integration Risk Management module received the highest possible score in the connected apps criterion.
  • Forrester also gave Obsidian the highest score possible in the IAM administration criterion supported by Obsidian Advanced Threat Mitigation module.
  • The Forrester report recognized Obsidian as a vendor providing “a single, modular platform” for SaaS Security and Posture Management.
  • With a focus on tangible capabilities and robust security measures, Obsidian remains a trusted partner for organizations seeking top-tier SSPM solutions.

Brent Bennett Joins Lane VC as Venture Partner, elevating Mobility Investments

Retrieved on: 
Thursday, September 21, 2023
Storm, Venture, National Advisory Board on Romani Affairs, Thomas Lane (VC), CIGNA, HUB, Army, National Advisory Committee for Women, Institutional Venture Partners, SALT, Entrepreneurship, Retirement, Lane, UnitedHealth Group, Knowledge, Hub International, Video game, Financial services

Brent Bennett Joins Lane VC as Venture Partner, elevating Mobility Investments.

Key Points: 
  • Brent Bennett Joins Lane VC as Venture Partner, elevating Mobility Investments.
  • "We are thrilled to welcome Brent at Lane VC as a Venture Partner," said Kasey Evans, Founder and Managing Partner of Lane VC.
  • Bennett brings to Lane VC a wealth of knowledge and a proven track record of success in venture capital, technology, and entrepreneurship.
  • "I am honored to be joining Lane VC, a firm that has already made significant strides in investing in leading mobility technologies," said Brent Bennett, Venture Partner at Lane VC.

TRADETEQ SECURES US$12.5 MILLION IN A PLUS FUNDING ROUND LED BY LEADING VENTURE CAPITAL FIRM MS&AD VENTURES

Retrieved on: 
Friday, September 8, 2023
MS, Interlock (engineering), Insurance, Hearst Communications, Willis Towers Watson, Institutional Venture Partners, Financial services

LONDON, Sept. 8, 2023 /PRNewswire/ -- Tradeteq, the pioneering technology provider for securitisation-as-a-service and bank asset distribution, today announces the completion of its $12.5 million A Plus funding round. Tradeteq connects trade finance and private credit originators with institutional investors to help address the pressing global lending shortfall.

Key Points: 
  • Tradeteq connects trade finance and private credit originators with institutional investors to help address the pressing global lending shortfall.
  • The round is led by US-based MS&AD Ventures, with significant investment from fellow venture capital firm Interlock Partners.
  • Both add invaluable industry insights and will aid Tradeteq in establishing its US operations, transforming issuance infrastructure to cater for the demands of US-based investors.
  • We were gratified with the participation and continued support of existing investors LGGP and Niya Partners to complete the funding round."

Correlation Ventures Announces the Close of its Third Fund and Additions to Partnership

Retrieved on: 
Tuesday, June 27, 2023
Pre-IPO, IPO, Naukri.com, Nomi, Empower, Institutional Venture Partners, Pension, Dwight (The Walking Dead), First Round Capital, LP record, M&A, Correlation, Investment, SAN, VCS, Sanofi, Muhammad bin Tughluq, Databricks, Accel, Growth, SVP, VC, Salesforce, NYSE, IonQ, Financial services, Cryptocurrency, Marketing, Experian, Partner

SAN DIEGO and SAN FRANCISCO and NEW YORK, June 27, 2023 /PRNewswire/ -- Correlation Ventures, the U.S. venture industry's AI pioneer and leading co-investor, announced the close of Correlation III, a $130M US venture capital fund. Correlation now has approximately $500M under management. The firm's investors (limited partners) include leading endowments, pensions, funds of funds and family offices. Upon formally announcing the closing of Correlation III, the firm also announced the promotion of two key members of their team, Wesley Barrow and Moiz Saifee, to Partner.

Key Points: 
  • Upon formally announcing the closing of Correlation III, the firm also announced the promotion of two key members of their team, Wesley Barrow and Moiz Saifee, to Partner.
  • With Correlation III, the firm intends to continue its track record of co-investing in private, US venture-backed companies positioned to become industry leaders.
  • Correlation pioneered the use of predictive analytics to make investment decisions in U.S. venture.
  • Correlation is one of the most active venture firms in the industry, typically making about one new investment each week.

Silicon Valley Venture Capitalists' Confidence Rises in 2023 Despite Concerns about Banking and Other Regional Issues, New University of San Francisco Research Finds

Retrieved on: 
Thursday, May 4, 2023
Pillar, Research report, University, Silicon Valley Bank, Iron pillar, Research, Silicon, Entrepreneurship, SVB, SAN, Reading, VCS, Q1, Climate, AI, VC, Environment, Institutional Venture Partners, Cryptocurrency

SAN FRANCISCO, May 4, 2023 /PRNewswire-PRWeb/ -- The Silicon Valley Venture Capitalist Confidence Index™ for the first quarter of 2023, based on a March 2023 survey of 36 San Francisco Bay Area venture capitalists, registered 3.40 on a 5-point scale (with 5 indicating high confidence and 1 indicating low confidence). The Q1 2023 Index rose from the prior quarter's reading of 3.25 but is still below the 19+ year average of 3.65.

Key Points: 
  • The Silicon Valley Venture Capitalist Confidence Index™ for the first quarter of 2023, based on a March 2023 survey of 36 San Francisco Bay Area venture capitalists, registered 3.40 on a 5-point scale (with 5 indicating high confidence and 1 indicating low confidence).
  • SAN FRANCISCO, May 4, 2023 /PRNewswire-PRWeb/ -- The Silicon Valley Venture Capitalist Confidence Index™ for the first quarter of 2023, based on a March 2023 survey of 36 San Francisco Bay Area venture capitalists, registered 3.40 on a 5-point scale (with 5 indicating high confidence and 1 indicating low confidence).
  • The Q1 2023 Index rose from the prior quarter's reading of 3.25 but is still below the 19+ year average of 3.65.
  • Mark Cannice, professor of entrepreneurship and innovation with the University of San Francisco School of Management, authors the research study each quarter.

Age Tech Atlanta Announces Age Tech Challenge Innovation Showcase Featuring Early-Stage Companies Serving Senior Market

Retrieved on: 
Tuesday, February 7, 2023
VC, VCS, Ageing, Institutional Venture Partners, Partnership, Growth, Society, Partner (business rank), Lunch, Private investigator, Amusement park

ATLANTA, Feb. 7, 2023 /PRNewswire-PRWeb/ -- Age Tech Atlanta today announced its inaugural Age Tech Challenge Innovation Showcase to be held March 27 from 11:30 a.m. to 2:30 p.m. The organization is now accepting applications from early-stage companies that are building innovative solutions geared toward seniors. The competition is open to companies nationwide, although those selected must attend the event in Atlanta to pitch live.

Key Points: 
  • The Age Tech Challenge Innovation Showcase is being held in partnership with the American Society on Aging's annual conference, On Aging 2023, taking place in Atlanta March 27-30.
  • Pitches will be judged by a panel of investors in the Age Tech space including:
    Sarah Thomas , Venture Partner, AgeTech Capital
    Max Zamkow , Managing Partner, Third Act Ventures
    "Age Tech Atlanta is thrilled to present the inaugural Age Tech Challenge Innovation Showcase in partnership with the American Society on Aging, and to welcome an amazing lineup of tech influencers, innovators, and VCs to the great city of Atlanta," said Jeff Gray, founder of Age Tech Atlanta.
  • "We look forward to the Age Tech Challenge Innovation Showcase that will kick off this year's conference and introduce new innovations that are destined to positively impact all older adults."
  • The Age Tech Challenge Innovation Showcase will include lunch, panel discussions, company presentations, and the prize announcement.

Former Product Executive from Divvy and Active Angel Investor, Tyler Hogge, Joins Pelion Venture Partners as a Venture Partner

Retrieved on: 
Wednesday, January 18, 2023
Pelion, Partner, Clearwater Analytics, SALT, Seis, SVP, Hogge, COVID-19, Y Combinator, Institutional Venture Partners, Accel, Insight, Andreessen Horowitz, History, VC, Wealthfront, Riverbed Technology, Cloudflare, Acquisition, Investment, Merge, Financial services, Divvy, Flexport

SALT LAKE CITY, Jan. 18, 2023 /PRNewswire/ -- Pelion Venture Partners today announced that seasoned product executive and active angel investor, Tyler Hogge, has joined the venture capital firm as a Venture Partner, where he will invest in early-stage startups, support existing Pelion portfolio companies, and incubate new businesses alongside very early-stage founding teams.

Key Points: 
  • Prior to Divvy, Hogge led core product teams at Wealthfront, spent time at SaaStr and Andreessen Horowtiz, and led sales for Clearwater Analytics.
  • SALT LAKE CITY, Jan. 18, 2023 /PRNewswire/ -- Pelion Venture Partners today announced that seasoned product executive and active angel investor, Tyler Hogge, has joined the venture capital firm as a Venture Partner, where he will invest in early-stage startups, support existing Pelion portfolio companies, and incubate new businesses alongside very early-stage founding teams.
  • Utah-based Pelion Venture Partners snags former Divvy SVP of Product, Tyler Hogge, as its newest Venture Partner.
  • "We've learned a lot about Tyler during his time with Divvy, especially during the crazy crucible of the COVID-19 pandemic," said Blake Modersitzki, Managing Director of Pelion Venture Partners.

Ridge Ventures Names David F. Anderson Partner

Retrieved on: 
Wednesday, January 11, 2023
Finance, Data Management, Professional Services, Technology, Software, Partner, University, Market share, LP record, Ridge, Institutional Venture Partners, Organization, Marketing, BS, University of Connecticut School of Business, San Francisco Bay Area, Summer, Brazing, Software as a service, PricewaterhouseCoopers, Bolt, Investment, J. P. Morgan, Anderson, Like a Boss (film), Cryptocurrency, Investec, Discord

Today, Ridge Ventures , a seed and early-stage, enterprise-focused venture capital firm whose investments include Bolt , Braze , and Discord , named David F. Anderson Partner.

Key Points: 
  • Today, Ridge Ventures , a seed and early-stage, enterprise-focused venture capital firm whose investments include Bolt , Braze , and Discord , named David F. Anderson Partner.
  • Anderson will act as a liaison between Ridge and its current and prospective Limited Partners (LPs), leaning on his nearly two decades of experience in institutional capital management.
  • “Adding David to Ridge further strengthens the talented senior team we have assembled to partner with the best enterprise founders at the earliest stages of their companies’ development,” said Alex Rosen , Managing Partner at Ridge Ventures.
  • In 2022, Ridge Ventures added Partner Akriti Dokania and Principal Alayzain “Zain” Rizavi to its investment team, along with three Venture Partners , while providing more than 300 qualified customer intros for its companies via the Ridge Revenue Network—a 30 percent increase from 2021.

Konsta provides the Secure Blockchain and web3 app development for Businesses.

Retrieved on: 
Friday, January 13, 2023
Consensus, Proof of authority, Software craftsmanship, Shima, Institutional Venture Partners, Dex (video game), Risk, Organization, Alpha, EVM, Blockchain, Business development, Prevalence, Notarius, Decentralized finance, Hacks, Cryptocurrency, Web3

Tbilisi, Georgia, Jan. 13, 2023 (GLOBE NEWSWIRE) -- Konsta is a new blockchain platform that serves the purpose of web3 app developer.

Key Points: 
  • Tbilisi, Georgia, Jan. 13, 2023 (GLOBE NEWSWIRE) -- Konsta is a new blockchain platform that serves the purpose of web3 app developer.
  • According to its co-founder, Aleksandr Kents, the increasing prevalence of cybercrime highlights the need for secure systems like Konsta.
  • Furthermore, other than its web3 development services, the Konsta Blockchain uses a Proof-of-Authority Consensus mechanism, which eliminates the possibility of a 51% attack.
  • Together, they bring a wealth of experience and expertise in the blockchain and Web3 space to Konsta.