IVP

IVP, established in 1980 and headquartered in Menlo Park, California, is a leading venture capital firm specializing in later-stage investments. With offices in London and San Francisco, IVP focuses on fast-growing technology companies across sectors such as artificial intelligence, consumer, digital health, enterprise infrastructure, fintech, and gaming. Over its 40-year history, IVP has partnered with over 400 companies, driving growth and facilitating over 130 IPOs, including notable successes like Amplitude, Brex, Coinbase, Datadog, Discord, and Slack. IVP's approach involves bolstering key functions and serving as a trusted ally to founders and CEOs navigating rapid growth.

Clay Berger

Associate

Clay Berger

Senior Associate

James Black

Partner / Investor

Todd Chaffee

Managing Director and Partner

Christopher Esqueda

Senior Vice President, Finance

Colin Fitzpatrick

Associate

Norm Fogelsong

Partner

Shreyas Garg

Senior Associate

Steve Harrick

General Partner

Tracy Hogan

Partner / CFO

Cynthia Kuo

Associate

Cynthia Lai

Associate

Youri Lee

Senior Associate

Thomas Loverro

General Partner

Bryce Marion

Associate

Sandy Miller

General Partner

Shravan Narayen

Partner

Dennis Phelps

General Partner

Karthik Ramakrishnan

Partner / Investor

Jared Rosner

Associate

Joanne Shang

Investor

Cack Wilhelm

General Partner

Zack Willis

VP of Technology

Louisa Xu

Partner

Tamar Yehoshua

Venture Partner

Past deals in Open Source

Chainguard

Series D in 2025
Chainguard specializes in supply chain security by providing hardened, minimal container images that are continuously rebuilt from source in secure environments. These images are designed to eliminate known vulnerabilities and ensure end-to-end integrity, featuring built-in cryptographic signatures, Software Bill of Materials (SBOMs), and Supply-chain Levels for Software Artifacts (SLSA) provenance. In addition to its container images, Chainguard offers a catalog of guarded Java dependencies through its Chainguard Libraries, which are also built securely from source in SLSA-certified infrastructure. The company emphasizes its commitment to the open source community by contributing to and maintaining several widely used open source projects. By applying zero-trust principles and utilizing compliant-build systems, Chainguard enables businesses to effectively manage their supply chain security risks throughout the software lifecycle.

Perplexity

Series D in 2024
Perplexity is an artificial intelligence-based search engine platform that combines large language models with traditional search engines. It leverages natural language processing and generative AI technologies to deliver conversational responses to user queries, aiming to enhance the search experience beyond standard results. The platform is designed to facilitate the development of safe and beneficial artificial general intelligence, offering an open-source environment accessible to the public. This allows clients to acquire skills and knowledge in software development, positioning Perplexity as a bridge between conventional search capabilities and advanced AI-driven assistance.

Chainguard

Series C in 2024
Chainguard specializes in supply chain security by providing hardened, minimal container images that are continuously rebuilt from source in secure environments. These images are designed to eliminate known vulnerabilities and ensure end-to-end integrity, featuring built-in cryptographic signatures, Software Bill of Materials (SBOMs), and Supply-chain Levels for Software Artifacts (SLSA) provenance. In addition to its container images, Chainguard offers a catalog of guarded Java dependencies through its Chainguard Libraries, which are also built securely from source in SLSA-certified infrastructure. The company emphasizes its commitment to the open source community by contributing to and maintaining several widely used open source projects. By applying zero-trust principles and utilizing compliant-build systems, Chainguard enables businesses to effectively manage their supply chain security risks throughout the software lifecycle.

Perplexity

Venture Round in 2024
Perplexity is an artificial intelligence-based search engine platform that combines large language models with traditional search engines. It leverages natural language processing and generative AI technologies to deliver conversational responses to user queries, aiming to enhance the search experience beyond standard results. The platform is designed to facilitate the development of safe and beneficial artificial general intelligence, offering an open-source environment accessible to the public. This allows clients to acquire skills and knowledge in software development, positioning Perplexity as a bridge between conventional search capabilities and advanced AI-driven assistance.

Perplexity

Series B in 2024
Perplexity is an artificial intelligence-based search engine platform that combines large language models with traditional search engines. It leverages natural language processing and generative AI technologies to deliver conversational responses to user queries, aiming to enhance the search experience beyond standard results. The platform is designed to facilitate the development of safe and beneficial artificial general intelligence, offering an open-source environment accessible to the public. This allows clients to acquire skills and knowledge in software development, positioning Perplexity as a bridge between conventional search capabilities and advanced AI-driven assistance.

Aiven

Series D in 2022
Aiven, established in 2016 and headquartered in Helsinki, Finland, specializes in hosting and managing open-source database and messaging systems on major cloud platforms for global businesses. Its portfolio includes managed services for PostgreSQL, Redis, InfluxDB, Grafana, Elasticsearch, Kafka, and Cassandra, catering to diverse data infrastructure needs. With offices in Berlin, Sydney, Toronto, and Boston, Aiven empowers clients to drive business results from open-source technologies, simplifying data management and enabling them to focus on core application development.

Aiven

Series C in 2021
Aiven, established in 2016 and headquartered in Helsinki, Finland, specializes in hosting and managing open-source database and messaging systems on major cloud platforms for global businesses. Its portfolio includes managed services for PostgreSQL, Redis, InfluxDB, Grafana, Elasticsearch, Kafka, and Cassandra, catering to diverse data infrastructure needs. With offices in Berlin, Sydney, Toronto, and Boston, Aiven empowers clients to drive business results from open-source technologies, simplifying data management and enabling them to focus on core application development.

Aiven

Series C in 2021
Aiven, established in 2016 and headquartered in Helsinki, Finland, specializes in hosting and managing open-source database and messaging systems on major cloud platforms for global businesses. Its portfolio includes managed services for PostgreSQL, Redis, InfluxDB, Grafana, Elasticsearch, Kafka, and Cassandra, catering to diverse data infrastructure needs. With offices in Berlin, Sydney, Toronto, and Boston, Aiven empowers clients to drive business results from open-source technologies, simplifying data management and enabling them to focus on core application development.

Aiven

Series B in 2020
Aiven, established in 2016 and headquartered in Helsinki, Finland, specializes in hosting and managing open-source database and messaging systems on major cloud platforms for global businesses. Its portfolio includes managed services for PostgreSQL, Redis, InfluxDB, Grafana, Elasticsearch, Kafka, and Cassandra, catering to diverse data infrastructure needs. With offices in Berlin, Sydney, Toronto, and Boston, Aiven empowers clients to drive business results from open-source technologies, simplifying data management and enabling them to focus on core application development.

Sauce Labs

Venture Round in 2016
Sauce Labs Inc. is a leading provider of cloud-based testing solutions for mobile and web applications, headquartered in San Francisco, California, with a data center in Frankfurt, Germany. Founded in 2008, the company offers a comprehensive testing platform that includes automated browser testing, mobile testing, and various testing services for different programming environments. Its flagship product, the Sauce Continuous Testing Cloud, has facilitated over 3 billion tests, enabling businesses to ensure their applications perform optimally across various browsers, operating systems, and devices. By delivering insights into the user experience, Sauce Labs helps organizations enhance software quality, protect their brand reputation, and speed up product delivery. Co-founded by the original creator of Selenium, Sauce Labs maintains strong ties to the open-source community, providing a unique blend of expertise and customer support in the automated testing space.

AT&T CyberSecurity

Series E in 2015
AT&T Cybersecurity specializes in providing comprehensive security solutions tailored for mid-market enterprises facing modern security threats. The company offers a suite of products encompassing cyber strategy and risk, identity and fraud management, network and endpoint security, as well as threat detection and response. Key offerings include managed threat detection, unified security management for managed security service providers (MSSPs), and the AlienVault USM platform, which aids in threat detection, incident response, and compliance management. Additionally, AT&T Cybersecurity features the Open Threat Exchange, fostering collaboration among security professionals by sharing actionable threat intelligence. The company serves a diverse range of sectors, including education, healthcare, finance, and retail, ensuring that organizations can effectively manage their security needs without excessive complexity or costs. Founded in 2007 and headquartered in San Mateo, California, AT&T Cybersecurity operates as a subsidiary of AT&T Communications, LLC. The company also has offices in Ireland, Spain, Australia, and Texas.

GitHub

Series B in 2015
GitHub is a software development platform that provides code hosting services for both open-source and private projects. It enables developers to store and share code repositories with various stakeholders, including colleagues and the public. The platform features collaboration tools such as version control, task management, issue tracking, and feature requests, which facilitate teamwork and enhance productivity. GitHub supports developers in overcoming challenges, advancing ideas, and fostering a learning environment within teams.

Eucalyptus Systems

Series C in 2012
Eucalyptus Systems specializes in developing open-source software that enables enterprises and technology businesses to build AWS-compatible private and hybrid clouds. Its flagship product, the Elastic Utility Computing Architecture for Linking Your Programs to Useful Systems (EUCALYPTUS), supports industry-standard AWS APIs, including EC2, S3, EBS, and IAM, making it particularly suitable for enterprise clouds. Organizations worldwide utilize Eucalyptus to achieve the agility, elasticity, and scalability necessary for demanding applications. The company is committed to fostering a successful ecosystem that includes customers, partners, developers, and researchers, providing a flexible pathway to cloud computing.

MySQL

Series C in 2006
MySQL is an open-source database management system that enables scalable web-based and embedded applications. Founded in 1995 by David Axmark and Michael Widenius, the company is headquartered in Cupertino, California. MySQL offers a range of products, including enterprise-level support packages that provide comprehensive service and free downloads of its latest software versions. The platform also features an online community with forums, articles, and documentation to support users. MySQL’s software is designed to enhance scalability, security, reliability, and uptime for businesses, while its enterprise servers facilitate network monitoring and production support. Additionally, the database clustering architecture allows clients to implement mission-critical solutions, thereby improving business agility and reducing operational costs.

ClickHouse

ClickHouse is an open-source database management system specializing in online analytical processing (OLAP). It uniquely stores data column-wise, reducing storage needs and enhancing query performance through vectorized processing. This design enables real-time analytics by efficiently handling large datasets, offering enterprises a reliable, scalable solution for data processing.
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