Meritech Capital Partners


Meritech Capital Partners is an American private equity company focused on late stage venture capital investments in information technology companies with a focus on consumer Internet and media, software and services, enterprise infrastructure, and medical devices. It is known as one of the most prestigious technology growth equity firms in the world. Their funds are some of the best performing in the growth equity industry.

History

The Palo Alto, California-based firm, was founded in 1999 with sponsorship from Accel Partners, Oak Investment Partners, Redpoint Ventures and Worldview Technology Partners. Since 2003, however, Meritech has independently operated and invested in later stage technology companies. The firm has raised approximately $2.6 billion since inception across four funds. In July 2014 Meritech raised a $500 million fund with a $65 million sidecar vehicle.

Investments

Among Meritech's most notable investments are Cornerstone OnDemand, Facebook, Fortinet, and Salesforce.com. Other notable investments include 2Wire, 10x Genomics, Acclarent, Alteryx, Anaplan, BigFix, Bright Health, BroadSoft, Bromium, Carta, Cloudera, CloudHealth Technologies, Datadog, DataStax, Evernote, Force10, ForgeRock, Fusion-io, GoFundMe, Greenplum, Icertis, Imperva, Instana,, IntraLase, Kinetica, Lifesize, Lime, Model N, MuleSoft, Netezza, Netsuite, Nextdoor, Niantic, Proofpoint, Riverbed, Roblox, Sourcefire, and Tableau Software.