Foundation Capital
 | |
| Type | Private |
|---|---|
| Industry | Venture capital |
| Founded | 1995 |
| Founder(s) | Bill Elmore, Kathryn Gould, and Jim Anderson |
| Headquarters | Menlo Park, California, USA |
| Key people | Bill Elmore, Ashu Garg, Paul Holland, Charles Moldow, Ashmeet Sidana, Steve Vassallo, Warren Weiss and Anamitra Banerji |
| Employees | ~ 30 worldwide |
| Website | www.foundationcap.com |
Foundation Capital is a venture capital firm located in Silicon Valley. The firm was founded in 1995, and manages more than $2.4 billion[1] in investment capital.
Foundation Capital has invested in approximately 150+ ventures over the course of the last 17 years, 18 of which have had successful initial public offerings. It currently maintains investments in 80 companies. Household name investments include Netflix, NetZero, Lending Club, SunRun, Chegg and Silver Spring Networks (full list below). Most investments fall under three focus areas of consumer tech, deep tech and clean tech.
Partners have been members of the founding executive teams of some of the most innovative Silicon Valley startups of the past two decades, with each having an average of 15 years of operating experience. Foundation Capital differentiates itself from other VC firms in that it takes a hands-on approach with its portfolio companies, offering operational and management assistance and counsel as well as investment capital.
Foundation Capital's Entrepreneur-in-Residence program takes on a select few candidates per year who have shown superior entrepreneurial tenacity. The program incubates, trains, and graduates these individuals, challenging them to apply their knowledge and experience to the mission of developing a solid business plan for an emerging technology. Over the years, Foundation Capital EIRs have helped start or landed executive positions in a number of successful companies, among them Atheros, Peribit Networks, ONStor, Hammerhead Systems, Solar Flare Communications, Silver Spring Networks, CloudOn, PrivateCore and Tealeaf.
Foundation Capital's Young Entrepreneurs Program, now in its third year, builds relationships with top business schools nationwide to offer Foundation Capital access and exposure to promising entrepreneurs and startups through various MBA networks. Through the program, Foundation offers outstanding graduate students an opportunity to gain significant experience identifying promising startups, pitching ventures, providing analysis of the opportunities, and building impactful relationships. Members of the Young Entrepreneurs Program have a background in technology or entrepreneurship, a strong interest in the field and a strong connection to the local entrepreneurship ecosystem.
Foundation Capital raised its seventh and largest fund of $750 million in April 2008.[2] It was one of Netflix's original investors.[3]
Portfolio
Foundation Capital provided venture capital for the following companies:[4]
| Name | Date | Round | Size |
|---|---|---|---|
| PrivateCore | 5/12 | Seed | $2.25M |
| Cantaloupe Systems | 4/10 | Series C | $12.4M |
| FreeWheel | 4/10 | Unattributed | $16.8M |
| Lending Club | 4/10 | Series C | $24.5M |
| TransMedics | 3/10 | Series E | $36.M |
| Azure Power | 3/10 | Series B | |
| Purfresh | 3/10 | Series D | $10M |
| SiBEAM | 3/10 | Series D | $36.5M |
| Altor Networks | 3/10 | Series B | $10M |
| CalStar Products | 2/10 | Unattributed | $15M |
| Pano Logic | 2/10 | Series C | $20 |
| Bella Pictures | 12/09 | Debt | $10.3M |
| Silver Spring Networks | 12/09 | Unattributed | $100M |
| Serious Materials | 9/09 | Series C | $4.6M |
| Calix | 9/09 | Unattributed | $50M |
| Simply Hired | 8/09 | Series C | $4.6M |
| Sun Run Generation | 7/09 | Series B | $18M |
| BigDeal | 7/09 | Unattributed | $4.5M |
| eMeter | 7/09 | Series C | $32M |
| Control4 | 7/09 | Series C | $4.6M |
| Ventiva | 7/09 | Unattributed | $8M |
| AdWhirl | 6/09 | Seed | $1M |
| nGenera CIM | 5/09 | Series C | $10M |
| FreeWheel | 5/09 | Series C | $12M |
| Naverus | 4/09 | Series D | $4M |
| Pixazza | 3/09 | Series A | $5.75M |
| Numerate, Inc | 3/09 | Series B | $5.5M |
| Jasper Design Automation | 2/09 | Series D | $7M |
| Pano Logic | 2/09 | Series B | $6M |
| National Payment Network | 2009 | Series B | |
| Chegg | 12/08 | Series C | $25M |
| Waterfront Media | 11/08 | Series E | $20M |
| Interact Public Safety Systems | 11/08 | Unattributed | $28M |
| Azure Power | 11/08 | Series A | |
| CalStar Products | 11/08 | Series A | $8.04M |
| Silver Spring Networks | 10/08 | Unattributed | $75M |
| Zetta | 9/08 | Series A | $10.7M |
| Conviva | 8/08 | Series B | $20M |
| Aktin | 8/08 | Series C | $14.2M |
| Canopy Financial | 8/08 | Series B | $8M |
| Conformia Software | 7/08 | Series D | $2.95M |
| Silver Spring Networks | 6/08 | Series C | $17.4M |
| Sun Run Generation | 6/08 | Series A | $12M |
| Solarflare Communications | 6/08 | Unattributed | $26M |
| Control4 | 5/08 | Series F | $20M |
| SilkRoad technology | 5/08 | Series C | $54M |
| ONStor | 4/08 | Series F | $14.8M |
| eMeter | 4/08 | Series E | $12.5M |
| SiBEAM | 4/08 | Series C | $40M |
| Xoopit | 4/08 | Series A | $5M |
| Altor Networks | 4/08 | Series A | $6M |
| Rearden Commerce | 4/08 | Series E | $100M |
| Serious Materials | 3/08 | Series B | $2.38M |
| Yaolan.com | 3/08 | Unattributed | $17.7M |
| Purfresh | 2/08 | Series C | $25M |
| Naverus | 2/08 | Series C | $10M |
| Helpstream | 2/08 | Series B | $8.6M |
| Coverity | 2/08 | Series A | $22M |
| Pano Logic | 1/08 | Series A | $12M |
| Quanti | 1/08 | Series A | $7.1M |
| Mobius Microsystems | 12/07 | Series B | $10.2M |
| TuVox | 12/07 | Series D | $20M |
| Serious Materials | 11/07 | Unattributed | $50M |
| Guardian Analytics | 10/07 | Series B | $4.5M |
| CloudShield Technologies | 9/07 | Unattributed | $15M |
| XMOS | 9/07 | Series A | $16M |
| Waterfront Media | 9/07 | Series D | $25M |
| ONStor | 8/07 | Unattributed | $27M |
| Hammerhead Systems | 8/07 | Series D | $18M |
| VaST Systems Technology | 7/07 | Series D | $12M |
| Virtugo Software | 6/07 | Unattributed | $4M |
| Powerset | 6/07 | Series A | $12.5M |
| Therative | 5/07 | Series C | $9M |
| Conformia Software | 5/07 | Series C | $12.3M |
| eMeter | 4/07 | Series D | $11.8M |
| Control4 | 4/07 | Series E | $11M |
| Conviva | 4/07 | Series A | $9M |
| Extreme DA | 4/07 | Series B | $7.38M |
| nGenera Corporation | 3/07 | Unattributed | $20M |
| Synfora | 3/07 | Series C | $3.5M |
| Rohati Systems, Inc | 3/07 | Series B | $11M |
| Ketera | 1/07 | Unattributed | $14M |
| Biz360 | 2007 | Unattributed | $3.8M |
| Mendocino Software | 2007 | Unattributed | $1.7M |
| Novazone | 12/06 | Series B | $7M |
| Purfresh | 12/06 | Series B | $7M |
| Xoopit | 12/06 | Angel | $1.5M |
| Venafi | 11/06 | Series B | $5M |
| Conformia Software | 10/06 | Unattributed | $12M |
| PeakStream | 9/06 | Series B | $17M |
| BoardVantage | 9/06 | Series D | $5.5M |
| SiBEAM | 8/06 | Series B | $21M |
| Virtugo Software | 7/06 | Series B | $13.6M |
| MarkMonitor | 5/06 | Unattributed | $12M |
| Simply Hired | 3/06 | Series B | $13.5M |
| Hammerhead Systems | 1/06 | Series C | $30M |
| Guardian Analytics | 2006 | Series A | $1.25M |
| Rearden Commerce | 9/05 | Series C | $25M |
| SiBEAM | 5/05 | Series A | $15M |
| Purfresh | 4/05 | Series A | $10.6M |
| Codefast | 3/05 | Series A | $6.5M |
| EnerNoc | 1/05 | Series B | $7.75M |
| Rearden Commerce | 1/04 | Unattributed | $42M |
| Responsys | 4/03 | Unattributed | $9.4M |
| Responsys | 4/01 | Unattributed | $20M |
| Responsys | 2/00 | Unattributed | $22.5M |
References
- ↑ "UPDATE 1-Foundation Capital raises $750 million fund". Reuters. Retrieved 2012-02-18.
- ↑ "Foundation Capital raises $750M fund, claiming focus on cleantech | VentureBeat". Deals.venturebeat.com. Retrieved 2012-02-18.
- ↑ Levy, Ari (2009-11-06). "Chegg Seeks to Become the Netflix of Textbook Rentals (Update1)". Bloomberg. Retrieved 2012-02-18.
- ↑ "Foundation Capital | CrunchBase Profile". Crunchbase.com. Retrieved 2012-02-18.