Sapphire Ventures: Difference between revisions

Content deleted Content added
m Moved punctuation mark to correct place + other fixes, References after punctuation per WP:CITEFOOT and WP:PAIC
 
Line 53:
 
==Investments==
Since the firm's founding, Sapphire has invested in more than 130 companies across 10 countries, with more than 70 exits<ref name=":2" /> across 30 [[IPOs]] and 45 [[acquisitions]]<ref name="rakes">Lahiri, Anusuya, [https://finance.yahoo.com/news/sapphire-ventures-rakes-1-7b-144915460.html "Sapphire Ventures Rakes In $1.7B To Fund Tech Startups"], (c) [[Benzinga]] via [[Yahoo! Finance]], February 4, 2021. Retrieved 2021-02-06.</ref><ref name=":30">{{Cite news |last=Podder |first=Sohini |date=2021-11-30 |title=Sapphire Ventures raises $2 bln in latest capital raise |language=en |work=Reuters |url=https://www.reuters.com/markets/us/sapphire-ventures-raises-2-bln-latest-capital-raise-2021-11-30/ |access-date=2022-11-17}}</ref> making it one of the most active venture capital firms based on public exits.<ref name=":26" /><ref name=":27">{{Cite web |title=The top 8 VCs behind U.S. tech IPOs {{!}} PitchBook |url=https://pitchbook.com/newsletter/the-top-7-vcs-behind-us-tech-ipos |access-date=2022-11-10 |website=pitchbook.com |language=en}}</ref>
 
Notable Sapphire-backed portfolio companies that have experienced IPOs or acquisitions include [[23andMe]]<ref name=":5" /> (Merged with [[Special-purpose acquisition company|SPAC]]<ref>{{Cite web |last=Rosenbaum |first=Eric |title=Genetic testing company 23andMe rises in first trade after Richard Branson SPAC merger |url=https://www.cnbc.com/2021/06/17/gene-testing-firm-23andme-trades-higher-after-branson-spac-merger-.html |access-date=2022-11-10 |website=CNBC |date=17 June 2021 |language=en}}</ref>), [[Alteryx]]<ref name=":6" /> (IPO<ref>{{Cite web |last=Russell |first=Jon |date=2017-03-24 |title=Enterprise data firm Alteryx set to raise $126 million from NYSE IPO |url=https://techcrunch.com/2017/03/23/alteryx-pricing-ipo/ |access-date=2022-11-10 |website=TechCrunch |language=en-US}}</ref>), [[Apigee]]<ref>{{Cite web |date=2012-07-25 |title=SAP helps Apigee raise $20m |url=https://globalventuring.com/corporate/sap-helps-apigee-raise-20m/ |access-date=2022-11-10 |website=Global Venturing}}</ref> (IPO,<ref>{{Cite news |date=2015-04-24 |title=Software developer Apigee's IPO priced at $17 per share |language=en |work=Reuters |url=https://www.reuters.com/article/us-apigee-ipo-idUSKBN0NF02I20150424 |access-date=2022-11-10}}</ref> Acquisition by [[Google]]<ref>{{Cite web |last=Miller |first=Ron |date=2016-09-08 |title=Google will acquire Apigee for $625 million |url=https://techcrunch.com/2016/09/08/google-will-acquire-apigee-for-625-million/ |access-date=2022-11-10 |website=TechCrunch |language=en-US}}</ref>), [[Auth0]]<ref name=":7" /> (Acquired by [[Okta, Inc.|Okta]]<ref>{{Cite web |title=Exclusive: Inside the 8-year, $6.5 billion courtship between Okta and Auth0 |url=https://fortune.com/2021/05/03/okta-auth0-deal-stock-login-acquisition/ |access-date=2022-11-10 |website=Fortune |language=en}}</ref>), AvidXchange<ref name=":30" /> (IPO<ref>{{Cite press release |last=AvidXchange |date=2021-10-13 |title=AvidXchange Announces Pricing of its Upsized Initial Public Offering |url=https://www.globenewswire.com/en/news-release/2021/10/13/2313064/37161/en/AvidXchange-Announces-Pricing-of-its-Upsized-Initial-Public-Offering.html |access-date=2022-11-10 |website=GlobeNewswire News Room |language=en}}</ref>), [[Block, Inc.|Block]] / [[Square, Inc.|Square]]<ref name=":8" /> (IPO<ref>{{Cite web |title=Square prices IPO at just $9 per share, valued at $2.9 billion |url=https://fortune.com/2015/11/18/square-prices-ipo/ |access-date=2022-11-10 |website=Fortune |language=en}}</ref>), Braze<ref name=":28">{{Cite press release |last=Ventures |first=Sapphire |title=Sapphire Announces Nearly $2 Billion in New Capital Commitments Across Growth-Focused Technology Funds |url=https://www.prnewswire.com/news-releases/sapphire-announces-nearly-2-billion-in-new-capital-commitments-across-growth-focused-technology-funds-301433731.html |access-date=2022-11-10 |website=www.prnewswire.com |language=en}}</ref> (IPO<ref>{{Cite news |last=Nishant |first=Niket |date=2021-11-17 |title=Braze valued at $8 bln as shares jump in Nasdaq debut |language=en |work=Reuters |url=https://www.reuters.com/technology/braze-valued-8-bln-shares-jump-nasdaq-debut-2021-11-17/ |access-date=2022-11-10}}</ref>), [[Box (company)|Box]]<ref name=":9" /> (IPO<ref>{{Cite web |title=Box IPO: The $120 million that got away |url=https://fortune.com/2015/01/23/box-ipo/ |access-date=2022-11-10 |website=Fortune |language=en}}</ref>), [[Cazoo]]<ref name=":28" /> (Merged with SPAC<ref>{{Cite web |last=Martin |first=Iain |title=British Car Startup Cazoo Raises $1 Billion From SPAC Merger |url=https://www.forbes.com/sites/iainmartin/2021/08/27/british-car-startup-cazoo-raises-1-billion-from-spac-merger/ |access-date=2022-11-10 |website=Forbes |language=en}}</ref>), [[Control4]]<ref name=":24" /> (IPO<ref>{{Cite web |title=Control4 Sets Sights On $60M Home Automation IPO (NASDAQ:CTRL) {{!}} Seeking Alpha |url=https://seekingalpha.com/article/1533182-control4-sets-sights-on-60m-home-automation-ipo |access-date=2022-11-10 |website=seekingalpha.com |date=3 July 2013 |language=en}}</ref>) [[DocuSign]]<ref name=":11" /> (IPO<ref>{{Cite web |last=Novet |first=Jordan |title=DocuSign starts trading on Nasdaq after raising $629 million in IPO |url=https://www.cnbc.com/2018/04/27/docusign-docu-ipo-stock-makes-its-debut-on-nasdaq.html |access-date=2022-11-10 |website=CNBC |date=27 April 2018 |language=en}}</ref>), [[ExactTarget]]<ref>{{Cite web |last=Kanaracus |first=Chris |date=2013-10-02 |title=SAP ramps up venture capital efforts |url=https://www.computerworld.com/article/2704911/sap-ramps-up-venture-capital-efforts.html |access-date=2022-11-10 |website=Computerworld |language=en}}</ref> (IPO,<ref>{{Cite news |date=2012-03-22 |title=UPDATE 1-ExactTarget prices IPO above range |language=en |work=Reuters |url=https://www.reuters.com/article/exacttarget-ipo-idUSL1E8EM02420120322 |access-date=2022-11-10}}</ref> Acquired by [[Salesforce]]<ref>{{Cite web |date=2018-07-01 |title=How Salesforce's acquisition of ExactTarget helped Indianapolis' tech community flourish |url=https://venturebeat.com/entrepreneur/how-salesforces-acquisition-of-exacttarget-helped-indianapolis-tech-community-flourish/ |access-date=2022-11-10 |website=VentureBeat |language=en-US}}</ref>), [[Fitbit]]<ref name=":12" /> (IPO,<ref>{{Cite web |last=Bhattacharya |first=Ananya |date=2015-06-17 |title=Fitbit is now worth $4.1 billion after IPO |url=https://money.cnn.com/2015/06/17/investing/fitbit-ipo/index.html |access-date=2022-11-10 |website=CNNMoney}}</ref> Acquired by Google<ref>{{Cite web |last=Landi |first=Heather |date=2021-01-14 |title=Google closes $2.1B acquisition of Fitbit as Justice Department probe continues |url=https://www.fiercehealthcare.com/tech/google-closes-2-1b-acquisition-fitbit-as-justice-department-probe-continues |access-date=2022-11-10 |website=Fierce Healthcare |language=en}}</ref>), Five9<ref>{{Cite web |date=2013-05-29 |title=Leading Cloud Contact Center Software Provider Five9 Raises Additional $34.5M in Private Funding |url=https://www.businesswire.com/news/home/20130529005150/en/Leading-Cloud-Contact-Center-Software-Provider-Five9-Raises-Additional-34.5M-in-Private-Funding |access-date=2022-11-10 |website=www.businesswire.com |language=en}}</ref> (IPO<ref>{{Cite news |date=2014-04-03 |title=Five9's IPO priced at $7 per share-underwriter |language=en |work=Reuters |url=https://www.reuters.com/article/us-five9-ipo-idUSBREA322A820140403 |access-date=2022-11-10}}</ref>), [[Integral Ad Science]]<ref name=":13" /> (IPO<ref>{{Cite web |last=Graham |first=Megan |title=Ad tech company Integral Ad Science closes up 14% in market debut |url=https://www.cnbc.com/2021/06/30/ad-tech-company-integral-ad-science-pops-18percent-in-market-debut.html |access-date=2022-11-10 |website=CNBC |date=30 June 2021 |language=en}}</ref>), JFrog<ref>{{Cite web |title=JFrog Secures $50 Million to Disrupt the DevOps Market |url=https://jfrog.com/about/jfrog-secures-50-million-disrupt-devops-market/ |access-date=2022-11-10 |website=JFrog |language=en-US}}</ref> (IPO<ref>{{Cite web |last=Beltran |first=Eric J. Savitz and Luisa |title=JFrog IPO Priced at $44. Here's Where the Stock Finished Trading. |url=https://www.barrons.com/articles/jfrog-prices-initial-public-offering-at-44-valuing-company-at-4-billion-51600224869 |access-date=2022-11-10 |website=www.barrons.com |language=en-US}}</ref>), [[Kaltura]]<ref name=":13" /> (IPO<ref>{{Cite press release |last=Kaltura |date=2021-07-21 |title=Kaltura Announces Pricing of Initial Public Offering |url=https://www.globenewswire.com/en/news-release/2021/07/21/2266348/0/en/Kaltura-Announces-Pricing-of-Initial-Public-Offering.html |access-date=2022-11-10 |website=GlobeNewswire News Room |language=fr}}</ref>), [[LinkedIn|Linkedin]]<ref name=":15" /> (IPO,<ref>{{Cite news |last=Tam |first=Stu Woo, Lynn Cowan and Pui-Wing |title=LinkedIn Shares Soar After IPO |url=http://online.wsj.com/article/SB10001424052748704816604576333132239509622.html |access-date=2022-11-10 |newspaper=Wall Street Journal |date=19 May 2011 |language=en-US}}</ref> Acquired by [[Microsoft]]<ref>{{Cite magazine |last=Hempel |first=Jessi |title=Now We Know Why Microsoft Bought LinkedIn |language=en-US |magazine=Wired |url=https://www.wired.com/2017/03/now-we-know-why-microsoft-bought-linkedin/ |access-date=2022-11-10 |issn=1059-1028}}</ref>), [[Livongo]]<ref name=":16" /> (IPO,<ref>{{Cite web |last=Farr |first=Christina |title=Livongo shares surge in market debut as digital health space heats up |url=https://www.cnbc.com/2019/07/25/livongo-shares-surge-in-market-debut-as-digital-health-space-heats-up.html |access-date=2022-11-10 |website=CNBC |date=25 July 2019 |language=en}}</ref> Merger with [[Teladoc Health|Teladoc]]<ref>{{Cite web |last=Levy |first=Ari |title=Teladoc and Livongo merge into $37 billion remote-health company as coronavirus keeps patients home |url=https://www.cnbc.com/2020/08/05/teladoc-acquires-livongo-creates-37-billion-health-tech-company.html |access-date=2022-11-10 |website=CNBC |date=5 August 2020 |language=en}}</ref>), [[Looker (company)|Looker]]<ref name=":17" /> (Acquired by [[Google]]<ref>{{Cite web |last=Miller |first=Ron |date=2020-02-13 |title=Google closes $2.6B Looker acquisition |url=https://techcrunch.com/2020/02/13/google-closes-2-6b-looker-acquisition/ |access-date=2022-11-10 |website=TechCrunch |language=en-US}}</ref>), [[MuleSoft]]<ref name=":18" /> (IPO,<ref>{{Cite web |last=Taylor |first=Anita Balakrishnan, Harriet |title=Mulesoft IPO beats Snap in first-day trading |url=https://www.cnbc.com/2017/03/17/mulesoft-soars-44-at-ipo.html |access-date=2022-11-10 |website=CNBC |date=17 March 2017 |language=en}}</ref> Acquired by [[Salesforce]]<ref>{{Cite web |last=Balakrishnan |first=Anita |title=Salesforce agrees to buy MuleSoft in $6.5 billion deal |url=https://www.cnbc.com/2018/03/20/salesforce-agrees-to-buy-mulesoft-in-6-point-5-billion-deal.html |access-date=2022-11-10 |website=CNBC |date=20 March 2018 |language=en}}</ref>), [[Monday.com]]<ref name=":19" /> (IPO<ref>{{Cite web |last=Konrad |first=Alex |title=Monday.com Shares Jump At IPO, Minting A New Cloud Software Billionaire In Israel |url=https://www.forbes.com/sites/alexkonrad/2021/06/10/monday-shares-jump-at-ipo-minting-new-cloud-software-billionaire-in-israel/ |access-date=2022-11-10 |website=Forbes |language=en}}</ref>), [[Paytm]]<ref name=":20" /> (IPO<ref>{{Cite news |last1=Anand |first1=Nupur |last2=Phartiyal |first2=Sankalp |last3=Chander |first3=Vishwadha |date=2021-11-18 |title=Paytm sinks on debut as India's biggest IPO irks some investors |language=en |work=Reuters |url=https://www.reuters.com/world/india/indias-paytm-set-trading-debut-after-25-bln-ipo-2021-11-18/ |access-date=2022-11-10}}</ref>), [[Ping Identity]]<ref name=":21" /> (IPO,<ref>{{Cite news |date=2019-09-19 |title=Shares of Ping Identity jump 25% in U.S. market debut |language=en |work=Reuters |url=https://www.reuters.com/article/us-ping-identity-ipo-idUSKBN1W426K |access-date=2022-11-10}}</ref> Acquired by [[Thoma Bravo]]<ref>{{Cite web |title=Ping Identity to be Acquired by Thoma Bravo for $2.8 Billion |url=https://www.pingidentity.com/en/company/ping-newsroom/press-releases/2022/ping-identity-to-be-acquired-by-thoma-bravo-for-2-billion.html |access-date=2022-11-10 |website=www.pingidentity.com |language=en}}</ref>), [[Sumo Logic]]<ref name=":22" /> (IPO<ref>{{Cite web |last=Taulli |first=Tom |title=Sumo Logic IPO: A Trusted Partner For Digital Transformation |url=https://www.forbes.com/sites/tomtaulli/2020/09/17/sumo-logic-ipo-trusted-partner-for-digital-transformation/ |access-date=2022-11-10 |website=Forbes |language=en}}</ref>), [[Wise (company)|Wise]] / [[TransferWise]]<ref name=":23" /> (IPO<ref>{{Cite web |title=WISE goes public on the London market |url=https://fortune.com/2021/07/07/fintech-wise-public-london-stock-exchange-direct-listing/ |access-date=2022-11-10 |website=Fortune |language=en}}</ref>).