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

10 past transactions

Airlinq

Series A in 2019
Airlinq develops an enterprise-grade cloud and edge platform offering global connectivity for IoT and M2M services. This scalable platform enables automakers, mobile network operators, and consumers worldwide to deploy large-scale connected applications with mission-critical latency, security, and reliability.

VeloCloud Networks

Series D in 2017
VeloCloud Networks is a cloud-delivered software-defined wide-area networking provider that simplifies branch WAN networking by automating deployment and improving performance across private, broadband Internet, and LTE links for distributed enterprises. Its SD-WAN solution combines a cloud-based control plane with enterprise-grade branch and data center appliances and software-defined automation to enable centralized configuration and real-time monitoring. The platform delivers secure, optimized paths to cloud services, private data centers, and enterprise applications, enabling policy-based access for multiple locations. By routing traffic through the cloud network and supporting orchestration of data flows, VeloCloud aims to deliver scalable, flexible connectivity that supports application growth and simplifies branch and end-point implementations.

Barefoot Networks

Series C in 2016
Barefoot Networks designs programmable Ethernet switch chips and related software for high-performance networks. Founded in 2013 and based in Palo Alto, California, the company focuses on programmable network switches with features such as scalable load balancing, advanced telemetry, and enhanced switching and routing, enabling enterprises, data centers, and telecom providers to add new functions without sacrificing performance. In 2017 the company was acquired by Intel and operates as part of Intel, expanding its network hardware and programmable networking capabilities.

Fuze, an 8x8 company

Series D in 2016
Fuze Digital Solutions, LLC is a provider of a cloud-based unified communications platform that enhances productivity and collaboration within enterprises. The platform, known as Fuze Suite, offers various features including business voice communications, video conferencing, and a suite of tools for customer care and engagement. These tools encompass a community knowledge base, case management, chat, feedback management, and online reporting, all designed to foster customer loyalty through effective communication. Founded in 2002 and originally known as ThinkingPhones, Fuze serves a diverse clientele, including organizations like Careerbuilder.com and Oregon Health & Sciences University. The company is headquartered in Boston, Massachusetts, with additional offices in major cities across North America and Europe, positioning itself as a key player in the unified communications market.

Instart

Series D in 2016
Instart is a digital experience management company that specializes in enhancing the performance of web and mobile applications for leading brands such as Neiman Marcus, Microsoft, and AT&T. Its unique Digital Experience Cloud employs artificial intelligence and machine learning to optimize and secure web content dynamically, ensuring that applications perform efficiently across various devices and user conditions. This technology enables companies to achieve significant improvements in application speed, resulting in faster load times and enhanced user experiences. As a result, businesses utilizing Instart's services can see increased conversion rates, higher online revenue, and improved customer satisfaction scores. Instart also supports media companies in boosting online advertising revenue by enhancing viewability and countering ad-blocking software. Additionally, IT departments benefit from reduced total cost of ownership, improved security, and enhanced reliability for their digital infrastructures.

Instart

Series C in 2015
Instart is a digital experience management company that specializes in enhancing the performance of web and mobile applications for leading brands such as Neiman Marcus, Microsoft, and AT&T. Its unique Digital Experience Cloud employs artificial intelligence and machine learning to optimize and secure web content dynamically, ensuring that applications perform efficiently across various devices and user conditions. This technology enables companies to achieve significant improvements in application speed, resulting in faster load times and enhanced user experiences. As a result, businesses utilizing Instart's services can see increased conversion rates, higher online revenue, and improved customer satisfaction scores. Instart also supports media companies in boosting online advertising revenue by enhancing viewability and countering ad-blocking software. Additionally, IT departments benefit from reduced total cost of ownership, improved security, and enhanced reliability for their digital infrastructures.

The Trade Desk

Series B in 2014
The Trade Desk is a technology company that provides a self-service, cloud-based platform for managing digital advertising campaigns. The platform enables advertisers and agencies to buy and optimize data-driven media across display, video, audio, native, and social formats on computers, mobile devices, and connected TV. It uses data and iterative optimization to improve the performance of ad impressions and supports campaign management with additional features. The company serves advertisers and advertising agencies worldwide and derives revenue from fees based on a percentage of client spend through its demand-side platform.

Virgin Mobile Latin America

Series C in 2013
Virgin Mobile Latin America operates as part of the Virgin Group, a globally recognized investment company founded by Sir Richard Branson in 1970. The brand focuses on mobile telephony, offering innovative telecommunications services across various Latin American markets. Virgin Mobile distinguishes itself through its commitment to customer service and flexible plans, catering to the needs of diverse consumer segments. The company's operations leverage Virgin's extensive experience and reputation, aiming to provide affordable and accessible mobile solutions. Through its presence in multiple countries, Virgin Mobile Latin America contributes to the broader goal of enhancing connectivity and improving communication options for its users in the region.

RingCentral

Series E in 2012
RingCentral is a leading provider of unified communications as a service (UCaaS), offering a comprehensive cloud-based platform that integrates voice, video, messaging, and team collaboration tools. Headquartered in Belmont, California, the company serves over 350,000 organizations globally, enabling them to enhance communication and collaboration among remote and in-office teams. Its core products include RingCentral Office, which combines VoIP phone service with features such as unlimited calling and fax functionality, and RingCentral Professional, which provides virtual extensions for existing phone lines. Additionally, RingCentral offers a cloud-based contact center solution that allows businesses to connect seamlessly with their customers and a stand-alone video meetings platform. The company's solutions are designed to replace outdated on-premises systems with modern, flexible cloud-based alternatives, supporting a mobile workforce across various devices including smartphones, tablets, and computers. By streamlining communications and reducing reliance on traditional methods, RingCentral significantly enhances operational efficiency for businesses of all sizes.

Virgin Mobile Latin America

Series B in 2012
Virgin Mobile Latin America operates as part of the Virgin Group, a globally recognized investment company founded by Sir Richard Branson in 1970. The brand focuses on mobile telephony, offering innovative telecommunications services across various Latin American markets. Virgin Mobile distinguishes itself through its commitment to customer service and flexible plans, catering to the needs of diverse consumer segments. The company's operations leverage Virgin's extensive experience and reputation, aiming to provide affordable and accessible mobile solutions. Through its presence in multiple countries, Virgin Mobile Latin America contributes to the broader goal of enhancing connectivity and improving communication options for its users in the region.
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