Battery Ventures


Battery Ventures is a global, technology-focused investment firm. Founded in 1983, the firm makes venture-capital and private-equity investments from offices in Boston, Silicon Valley, San Francisco, Israel and London. Since inception, the firm has raised over $8.9 billion and is now investing its thirteenth funds, Battery Ventures XIII and Battery Ventures XIII Side Fund, with a combined capitalization of $2 billion.

History

Battery Ventures was founded in 1983 in Boston, Massachusetts by Rick Frisbie, Howard Anderson and Bob Barrett. Since its inception, Battery has raised more than $8.9 billion in capital through the following twelve funds and corresponding side funds:
FundVintage yearCommitted capital
Battery I1984$34
Battery II1988$42
Battery III1994$85
Battery IV1997$200
Battery V1999$444
Battery VI2000$850
Battery VII2005$450
Battery VIII2007$750
Battery VIII SF2008$200
Battery IX2010$750
Battery X2013$650
Battery X SF2013$250
Battery XI2016$650
Battery XI SF2016$300
Battery XII2018$800
Battery XII SF2018$450
Battery XIII2020$1,200
Battery XIII SF2020$800

In 1995, the firm opened its second office in Menlo Park, California, followed by the opening of its Israel office in 2009, and the addition of its San Francisco office in 2015.
Current investing general partners include: Neeraj Agrawal, Michael Brown, Morad Elhafed, Jesse Feldman, Russell Fleischer, Roger Lee, Itzik Parnafes, Chelsea Stoner, Dharmesh Thakker and Scott Tobin.

Investments

In its 35-year history, Battery has invested in more than 400 companies globally resulting in more than 60 IPOs and more than 170 M&A events by acquirers including Adobe, Apple, AppNeta, BMC, Boeing, BigPanda, Comcast, Danaher, Dataiku, EMC, Google, HotelTonight, Intel, KeyMe, LinkedIn, MetroPCS, Narrative Science, Neolane, Netezza, Niantic, OutlookSoft, Oracle, Panaya, Palo Alto Networks, Prizeo, Qteros, Reflektion, Worldhotels, ResMed, Roper, Salesforce, Scott Safety, SAP, Stratoscale, Visa, WebPT, Yahoo!, and Yesware.
The firm's current investment focus includes: