Granite Ventures

Granite Ventures
Private
Industry Private equity
Founded 1992 (1992)
Headquarters San Francisco, California, United States
Products Venture capital
Total assets US$1,000,000,000
Number of employees
 20+
Website granitevc.com

Granite Ventures is a venture capital firm with offices in San Francisco, California. Granite's predecessor H&Q Venture Associates, founded in 1992, was the venture capital investment arm of Hambrecht & Quist, a leading technology oriented investment bank. Granite completed a spinout from H&Q when the bank was sold to Chase Manhattan Bank in 1999.[1]

Since its founding, Granite has raised over $1 billion in investor commitments and has invested in more than 90 companies. In 2005, the firm raised Granite Ventures II, its second fund since completing its spinout in 2000, with $350 million of investor commitments.[2]

Granite's investment professionals include: Chris Hollenbeck, Chris McKay, Standish O'Grady and Eric Zimits.

Investments

Granite has backed such companies as Anaplan, Tumbleweed Communications, Plumtree Software, Sendmail, Workboard, and Westbridge Technology.

References

  1. ↑ Primack, Dan (14 August 2000). "Granite Ventures breaks with past, forsaking H&Q name". Investment Dealers' Digest. Retrieved 28 December 2016.
  2. ↑ "Granite Ventures II closes on $350m". AltAssets. 30 August 2005. Retrieved 28 December 2016.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.