Meritech Capital Partners
American Late-Stage Venture Firm
From Wikipedia, the free encyclopedia
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.[1]
 | |
| Company type | Private |
|---|---|
| Industry | Late-Stage Venture Firm |
| Founded | 1999 |
| Founders | Mike 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 |
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]