Meritech Capital Partners

Meritech Capital Partners, founded in 1999 and based in Palo Alto, California, is a venture capital firm that specializes in investing in late-stage technology companies, particularly within the information and medical technology sectors. The firm focuses on providing capital to growth-stage enterprises, primarily in the software, communications, and networking industries in North America. Meritech operates with a streamlined team of six partners, who are directly involved in all investment decisions, ensuring a prompt and transparent process without the delays commonly associated with larger firms. The firm typically invests between $10 million and $100 million, emphasizing its commitment to a focused investment strategy rather than diversifying across various stages of venture funding.

Joel Backman

COO

Tanner Bhonslay

Partner

George Bischof

General Partner

Anthony DeCamillo

Partner

Aimee He

Partner

Alex Kurland

General Partner

Paul Madera

Co-Founder and MD

Max Motschwiller

General Partner

Ashley Paston

Partner

Michael Springer

Partner

Rob Ward

Co-Founder and General Partner

Past deals in Series G

Roblox

Series G in 2020
Roblox is an online gaming and entertainment platform that enables users to create and share immersive digital experiences. Founded in 2004 by David Baszucki and Erik Cassel, and headquartered in San Mateo, California, Roblox allows players to imagine, create, and interact within a vast array of 3D environments designed by a global community of developers using Roblox Studio. The platform attracts millions of users daily, particularly those under 18, who engage in play, learning, and socialization. Its popularity is largely fueled by word-of-mouth recommendations, reflecting the strong community-driven nature of the platform. With multiple office locations, Roblox continues to evolve as a hub for creativity and connection among players worldwide.

Snowflake

Series G in 2020
Snowflake Inc. is a cloud-based data platform that enables organizations to consolidate data into a single source of truth, facilitating meaningful business insights and the development of data-driven applications. Founded in 2012 and headquartered in San Mateo, California, Snowflake offers a data warehouse-as-a-service designed specifically for the cloud. Its innovative architecture allows multiple users to access large volumes of data simultaneously, achieving performance that is significantly faster and more cost-effective than traditional solutions. The platform supports various data workloads and combines the capabilities of data warehousing with the flexibility of big data platforms, ensuring secure and governed access to an extensive network of data. Additionally, Snowflake Ventures invests in growth-stage companies that align with its mission to enhance data utilization and expand opportunities within the Data Cloud.

MuleSoft

Series G in 2015
MuleSoft, Inc. is a provider of the Anypoint Platform, a cloud-based application integration solution that enables organizations to connect their applications, data, and devices. Founded in 2006 and headquartered in San Francisco, California, MuleSoft facilitates the creation of application networks through its flexible platform, which utilizes APIs to enable seamless communication between various systems and applications, whether cloud-based or on-premises. The platform allows customers to build reusable components, simplifying the integration process and promoting business agility. MuleSoft has established a strategic alliance with IQVIA and operates as a subsidiary of Salesforce.

Ruckus Wireless

Series G in 2012
Headquartered in Sunnyvale, CA, Ruckus Wireless, Inc.(NYSE: RKUS) is a global supplier of advanced wireless systems for the rapidly expanding mobile Internet infrastructure market. The company offers a wide range of indoor and outdoor “Smart Wi-Fi” products to mobile carriers, broadband service providers, and corporate enterprises, and has over 48,000 end-customers worldwide. Ruckus technology addresses Wi-Fi capacity and coverage challenges caused by the ever-increasing amount of traffic on wireless networks due to accelerated adoption of mobile devices such as smartphones and tablets. Ruckus invented and has patented state-of-the-art wireless voice, video, and data technology innovations, such as adaptive antenna arrays that extend signal range, increase client data rates, and avoid interference, providing consistent and reliable distribution of delay-sensitive multimedia content and services over standard 802.11 Wi-Fi.

Zipcar

Series G in 2010
Zipcar is a membership-based car-sharing company that offers automobile rentals billed on an hourly or daily basis. Founded in 2000 in Cambridge, Massachusetts, the company allows members to check vehicle availability and reserve self-service cars through its website, mobile app, or telephone, with rental periods starting at one hour. Zipcar's vehicles utilize in-car technology to report their locations to a central control center. By 2009, Zipcar had become the world's largest car-sharing service, operating 6,000 vehicles for 275,000 members across 49 U.S. cities, as well as in Vancouver, Toronto, and London. In 2007, Zipcar merged with Flexcar, and in 2010, it acquired the London-based car-sharing firm Streetcar, furthering its expansion in Europe.

OPENLANE

Series G in 2007
OPENLANE, Inc. is a leading online auction company in North America for automotive dealers to buy and sell wholesale vehicles. The company offers end-to-end auto remarketing solutions to auto manufacturers, captive finance companies, lease and daily rental companies, financial institutions and wholesale auto auctions throughout the United States and Canada. OPENLANE powers online remarketing programs for American Honda Finance, Audi Financial Services, Avis Budget Group, BMW Financial Services Canada, Chase Auto Finance, Chrysler Financial, Porsche Financial Services, Southeast Toyota Finance, US Bank, Volkswagen Credit, among others.

Good Technology

Series G in 2004
Good Technology Corporation provides secure mobility solutions for enterprises and governments worldwide. It offers a suite of collaboration applications, such as Good Launcher, a mobile desktop solution for business, Good Work, a mobile workforce for business-class e-mail and collaboration, Good Access, a browser that allows users to access the corporate Intranets and Web applications, and Good Share, a solution that enables mobile business users to access, download, and share documents. It was founded in 1996 and headquartered in Sunnyvale, California.

IntraLase

Series G in 2002
IntraLase Corporation is a leader in the first step of LASIK surgery, the most common means of surgical vision correction. They design, develop and market a laser, related software and disposable devices used to create a cut of tissue across the cornea of a patient’s eye, or a corneal flap, which is the first step in LASIK surgery. Their advanced laser technology improves the safety, precision and visual acuity of LASIK surgery by providing a computer-controlled laser solution as an alternative to the traditional method of creating the corneal flap using a hand-held mechanical, metal-bladed device called a microkeratome. They believe their product offering will become the new standard of care for corneal flap creation. As of April 2, 2007, IntraLase Corp. was acquired by Advanced Medical Optics Inc.
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