Firm at a Glance

Meritech Capital Partners was founded in 1999 in partnership with Accel Partners, Oak Investment Partners, Redpoint Ventures and Worldview Technology Partners. As a late-stage venture capital firm dedicated to building technology companies of lasting value, Meritech seeks to provide efficient access to expansion stage capital for rapidly-growing private companies who are leaders in their sectors. Meritech leverages a broad network of individuals and the network of companies within our portfolio to create strategic and business opportunities for our investments.

The Meritech partnership approach benefits our portfolio companies. We share ideas, business opportunities and resources to help our portfolio companies succeed.

Investment Strategy

Meritech's strategy is to lead investments in later stage information and medical technology companies from primarily leading early stage venture capital portfolios. Meritech targets investment opportunities in traditional growth companies as well as lead co-investments in corporate buy-outs and spin-offs alongside other technology investors. Meritech typically looks for the following attributes:

  • Industry-Leading, Differentiated Product or Service
  • Large and Predictably Growing Near-Term Market Opportunity
  • Referenceable Customers
  • Demonstrated Track Record of Execution Based on Financial Results
  • Strong and Experienced Senior Management Team

Areas of Focus

Meritech invests in technology companies in the areas of Communications, Software and Services, Enterprise Infrastructure, Semiconductors and Components, Consumer Internet and Media and Medical Devices. The firm has invested in several category defining companies including 2Wire, Acclarent, BigBand Networks, Facebook, Force10 Networks, Fortinet, Intralase, Netezza, NetSuite, Salesforce.com, Tele Atlas and Vonage Holdings Corporation.

Global Perspective

Meritech is aware that attractive investment opportunities are not limited to the United States and will continue to pursue a strategy of investing internationally in appropriate later stage companies. Recent portfolio investments include companies that are headquartered in or have significant international operations in China, Canada, the United Kingdom, Japan, the Philippines, the Netherlands and Israel.

Capital Under Management

Meritech manages more than $2.2 billion in committed venture capital. The bulk of our capital comes from university endowments, pension funds, fund-of-funds and charitable foundations.

Investment Size

Meritech investments range in size from $5 to $25 million. Typically, we invest $5 to $15 million initially and can invest up to $40 million over the life of a company.

Value Added Investment Partner to Portfolio Companies

Meritech seeks to be a business partner for its portfolio companies. We regularly provide introductions to other Meritech portfolio companies as well as to other outside industry contacts for specific portfolio company needs. As a late stage investor, we provide guidance to our portfolio companies on issues specific to rapidly maturing, private companies including management incentive plans, IPO market timing and positioning, adviser selection, and post-IPO ownership transition.

Our Team

The Meritech team has extensive experience in later stage private equity investing. Collectively, Meritech professionals have invested in more than 120 venture-backed technology companies. In addition to our team, Meritech has also built strong relationships with partners at other leading early stage venture capital funds as well as accomplished entrepreneurs and executives focused on the technology industry. For more information on a Meritech team member, just click on their link below or learn more about our Partnerships.

Meritech Team:

Paul Madera
Mike Gordon
Rob Ward

George Bischof
Joel Backman

Inquiries

For more information, you may contact us by email.

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