Hermes Growth Partners

Hermes Growth Partners is a private equity firm that focuses on investing in growth-stage B2B technology companies. Established in 2011, the firm has offices in Menlo Park, California, and London, United Kingdom. Hermes primarily targets investments in sectors such as mobile technology, cloud computing, data analytics, security, and software-defined networks. The firm typically invests between $10 million and $50 million in companies with enterprise values ranging from $50 million to $250 million. Hermes Growth Partners is open to both controlling and non-controlling stakes in its portfolio companies, reflecting its commitment to fostering innovation and transformation in the technology landscape.

Suneeta Krish

Venture Partner

11 past transactions

Airlinq

Series A in 2019
Airlinq powers the next generation enterprise-grade cloud and edge platform to handle complex AI and IoT use cases around smart mobility and ecosystem monetization for automakers, mobile network operators, and consumers around the world. This highly scalable, globally available platform is ready to support millions of connected assets and vehicles with mission-critical latency, security, and reliability.

VeloCloud

Series D in 2017
VeloCloud Networks, Inc. delivers cloud-based software-defined wide area networking (SD-WAN) solutions aimed at enhancing connectivity for enterprises. Founded in 2012 and headquartered in Mountain View, California, the company offers a range of services, including the Cloud Services Edge appliance for secure connectivity, the VeloCloud Orchestrator for centralized management and real-time monitoring, and the Cloud Service Gateway for optimized access to various applications and data centers. VeloCloud's SD-WAN technology simplifies network deployment and improves performance over private and broadband Internet connections, making it suitable for distributed enterprises. The company's solutions support a variety of sectors, including retail and engineering, and are designed to enable policy-based access to cloud and data center applications. VeloCloud has established partnerships to enhance its offerings and operates as a subsidiary of VMware.

Barefoot Networks

Series C in 2016
Barefoot Networks, Inc., founded in 2013 and based in Palo Alto, California, specializes in designing and developing Ethernet switch chips. As a subsidiary of Intel Corporation, Barefoot focuses on creating programmable network switches that simplify network programming, making it as accessible as programming a CPU. The company offers advanced features such as scalable load balancing, enhanced telemetry, and improved switching and routing capabilities. These innovations enable enterprises, data centers, and telecom providers to efficiently introduce new functions and features into their network products while maintaining high performance.

Fuze

Series D in 2016
Fuze is a cloud-based unified communications platform that enhances productivity and collaboration within organizations. It offers tools for simplified voice communications, flexible video conferencing, and continuous collaboration, allowing modern, mobile workforces to communicate seamlessly across various devices. Fuze’s platform aggregates data from multiple sources, providing valuable insights that help business leaders understand and improve their operations and workforce dynamics. Founded in 2002 and originally known as ThinkingPhones, Fuze is headquartered in Boston, Massachusetts, with additional offices in various global cities, including New York, San Francisco, and London. The company serves a diverse clientele, including well-known organizations such as CareerBuilder, Fujitsu, and Oregon Health & Sciences University.

Instart

Series D in 2016
Instart is a digital experience management company. They help thousands of leading brands like Neiman Marcus, Coach, Microsoft, AT&T, Hearst and CBS to deliver faster, safer and better online experiences for millions of their customers – and to earn higher profits for themselves. Their Digital Experience Cloud is unique in that it uses artificial intelligence and machine learning to automatically and continuously optimize and secure every object and every page for each of your web and mobile applications for every device and every customer. No other company does this. After you deploy Instart, your customers will enjoy up to 30% faster application performance, and your applications and products will look better, leading to up to 20% higher conversion, more SEO traffic, lower pay per click costs and higher net promoter scores. If your company is selling online, your customers will buy more, delivering up to 8% higher online revenue, greater average order value, and reduced returns. Media companies work with Instart to drive online revenue up to 15% higher by increasing advertising viewability, restoring advertising revenue currently being lost to ad blocking software, and ensuring every visitor always has the best possible experience. IT departments enjoy up to 50% lower TCO, greater security and improved reliability for your existing infrastructure supporting your digital applications.

Instart

Series C in 2015
Instart is a digital experience management company. They help thousands of leading brands like Neiman Marcus, Coach, Microsoft, AT&T, Hearst and CBS to deliver faster, safer and better online experiences for millions of their customers – and to earn higher profits for themselves. Their Digital Experience Cloud is unique in that it uses artificial intelligence and machine learning to automatically and continuously optimize and secure every object and every page for each of your web and mobile applications for every device and every customer. No other company does this. After you deploy Instart, your customers will enjoy up to 30% faster application performance, and your applications and products will look better, leading to up to 20% higher conversion, more SEO traffic, lower pay per click costs and higher net promoter scores. If your company is selling online, your customers will buy more, delivering up to 8% higher online revenue, greater average order value, and reduced returns. Media companies work with Instart to drive online revenue up to 15% higher by increasing advertising viewability, restoring advertising revenue currently being lost to ad blocking software, and ensuring every visitor always has the best possible experience. IT departments enjoy up to 50% lower TCO, greater security and improved reliability for your existing infrastructure supporting your digital applications.

The Trade Desk

Series B in 2014
The Trade Desk is a technology company that operates a self-service cloud-based platform designed for buyers of digital advertising. Established in 2009 and headquartered in Ventura, California, it enables advertising agencies and other service providers to create, manage, and optimize data-driven campaigns across various formats, including display, video, audio, native, and social media. The platform supports multiple devices, such as computers, mobile devices, and connected TVs. By leveraging data, The Trade Desk helps advertisers programmatically find and purchase digital ad inventory while optimizing the performance of their campaigns. The company's revenue model is primarily based on fees, which are calculated as a percentage of the advertising spend by its clients. With a global presence, The Trade Desk serves clients in the United States, Europe, and Asia, providing essential tools for digital media buyers.

The Trade Desk

Series B in 2014
The Trade Desk is a technology company that operates a self-service cloud-based platform designed for buyers of digital advertising. Established in 2009 and headquartered in Ventura, California, it enables advertising agencies and other service providers to create, manage, and optimize data-driven campaigns across various formats, including display, video, audio, native, and social media. The platform supports multiple devices, such as computers, mobile devices, and connected TVs. By leveraging data, The Trade Desk helps advertisers programmatically find and purchase digital ad inventory while optimizing the performance of their campaigns. The company's revenue model is primarily based on fees, which are calculated as a percentage of the advertising spend by its clients. With a global presence, The Trade Desk serves clients in the United States, Europe, and Asia, providing essential tools for digital media buyers.
The Virgin Group is a leading international branded investment company and one of the world's most recognized and respected brands. Conceived in 1970 by Sir Richard Branson, the Virgin Group has gone on to grow successful businesses in sectors ranging from mobile telephony and media to transportation, travel, financial services, hotels, health and fitness, as well as renewable technologies and space tourism. Virgin has created more than 400 branded companies worldwide, employing approximately 50,000 people, in 29 countries. Its Global branded revenues in 2010 exceeded £11.5 billion (approx. US$18.5 billion).

RingCentral

Series E in 2012
RingCentral is a cloud-based communication and collaboration platform that offers a comprehensive suite of services designed to enhance business operations. Its products include unified communications as a service (UCaaS), which integrates voice, messaging, video conferencing, and online meetings, enabling organizations to connect teams across various locations seamlessly. The platform caters to over 350,000 businesses worldwide, providing solutions that scale with enterprises as they grow. Key offerings include RingCentral Office, which combines a multi-extension business phone system with unlimited calling and fax functionalities, and RingCentral Glip, a unified team workspace that facilitates effective collaboration by centralizing communications and resources. Additionally, RingCentral provides an omnichannel contact center solution that enhances customer service interactions and supports efficient communication. The company also offers RingCentral Professional for managing virtual phone lines and RingCentral Fax for internet-based faxing, streamlining document transmission. Headquartered in Belmont, California, RingCentral was founded in 2003 and has received backing from several prominent investors.
The Virgin Group is a leading international branded investment company and one of the world's most recognized and respected brands. Conceived in 1970 by Sir Richard Branson, the Virgin Group has gone on to grow successful businesses in sectors ranging from mobile telephony and media to transportation, travel, financial services, hotels, health and fitness, as well as renewable technologies and space tourism. Virgin has created more than 400 branded companies worldwide, employing approximately 50,000 people, in 29 countries. Its Global branded revenues in 2010 exceeded £11.5 billion (approx. US$18.5 billion).
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