Bessemer Venture Partners
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Bessemer Venture Partners
Bessemer Venture Partners (Bessemer) is an American venture capital firm. The firm has over $19 billion under management and invests globally, with offices in San Francisco, Redwood City, New York City, Boston, Israel, India, and London. Bessemer has funded technology companies including Shopify, Twitch, LinkedIn, Pinterest, Yelp, Wix, Skype, Procore, DocuSign, Bumble, Canva, Twilio, Diapers.com, Periscope, Fiverr, Discord, Box, Mindbody, Lifelock, RocketLab, Bright Health Group, Pager Duty, Piazza, Toast, Inc., and Blue Apron. History In 1911, Henry Phipps, a co-founder of Carnegie Steel, established Bessemer Securities as a family office. In 1974, Bessemer Securities expanded beyond immediate family management and the venture capital firm, Bessemer Venture Partners, was created. In 1975, Bessemer Venture Partners opened an office in Silicon Valley. In 1985, the firm opened an office in Boston and began investing in health and life sciences. In 2003, Bessemer expanded ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Skype
Skype () is a proprietary telecommunications application operated by Skype Technologies, a division of Microsoft, best known for VoIP-based videotelephony, videoconferencing and voice calls. It also has instant messaging, file transfer, debit-based calls to landline and mobile telephones (over traditional telephone networks), and other features. Skype is available on various desktop, mobile, and video game console platforms. Skype was created by Niklas Zennström, Janus Friis, and four Estonian developers and first released in August 2003. In September 2005, eBay acquired Skype for $2.6 billion. In September 2009, Silver Lake, Andreessen Horowitz, and the Canada Pension Plan Investment Board bought 65% of Skype for $1.9 billion from eBay, valuing the business at $2.92 billion. In May 2011, Microsoft bought Skype for $8.5 billion and used it to replace their Windows Live Messenger. As of 2011, most of the development team and 44% of all the division' ...
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Rocket Lab
Rocket Lab is a public American aerospace manufacturer and launch service provider, with a New Zealand subsidiary. The company operates lightweight Electron orbital rockets, which provide dedicated launches for small satellites. Rocket Lab also plans to build a larger Neutron rocket as early as 2024. Electron rockets have launched 26 times from either Rocket Lab's Launch Complex 1 in New Zealand or the Mid-Atlantic Regional Spaceport in the United States. Two attempts have been made at recovery of the Electron booster. As of 2022, Rocket Lab is developing the bigger Neutron reusable unibody rocket; Photon satellite buses; and Rutherford, Curie , HyperCurie, and Archimedes rocket engines. The company was founded in New Zealand in 2006. By 2009, the successful launch of Ātea-1 made Rocket Lab the first private company in the Southern Hemisphere to reach space. The company then established a headquarter in California in 2013 and developed the expendable Electron rocket. The f ...
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LifeLock
LifeLock Inc. is an American identity theft protection company based in Tempe, Arizona. LifeLock's system monitors for identity theft, the use of personal information, and credit score changes. LifeLock was acquired by computer security company Symantec in 2017 for $2.3 billion. After Symantec sold its enterprise division to Broadcom, the company was renamed from Symantec to NortonLifeLock in November 2019. In the same year, the company began to offer versions of its Norton 360 subscription service with LifeLock included. History LifeLock was co-founded in 2005 by Robert J. Maynard and Todd Davis. Maynard began his career by founding the Internet Service Provider (ISP) Internet America in the late 1990s. Former LifeLock CEO Davis worked for Dell before founding Marketing Champions. Maynard resigned from LifeLock in June 2007 after claims that he was a victim of identity theft came under scrutiny. Davis publicly posted his Social Security number as part of a 2007 ad camp ...
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Box (company)
} Box, Inc. (formerly Box.net) is a public company based in Redwood City, California. It develops and markets cloud-based content management, collaboration, and file sharing tools for businesses. Box was founded in 2005 by Aaron Levie and Dylan Smith. Initially, it focused on consumers, but around 2009 and 2010 Box pivoted to focus on business users. The company raised about $500 million over numerous funding rounds, before going public in 2015. Its software allows users to store and manage files in an online folder system accessible from any device. Users can then comment on the files, share them, apply workflows, and implement security and governance policies. History The idea for Box.com started in 2003 with Aaron Levie, who was a business student at University of Southern California. He wrote a paper for school on the industry for storing digital files online and started developing the Box service in 2004. In 2005, Levie dropped out of school to work on Box full-time with long ...
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Discord (software)
Discord is a VoIP and instant messaging social platform. Users have the ability to communicate with voice calls, video calls, text messaging, media and files in private chats or as part of communities called "servers".The developer documentation refers to servers as "guilds". A server is a collection of persistent chat rooms and voice channels which can be accessed via invite links. Discord runs on Windows, macOS, Android, iOS, iPadOS, Linux, and in web browsers. , the service has over 350 million registered users and over 150 million monthly active users. History The concept of Discord came from Jason Citron, who had founded OpenFeint, a social gaming platform for mobile games, and Stanislav Vishnevskiy, who had founded Guildwork, another social gaming platform. Citron sold OpenFeint to GREE in 2011 for million, which he used to found Hammer & Chisel, a game development studio, in 2012. Their first product was ''Fates Forever'', released in 2014, which Citron anticipate ...
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Fiverr
Fiverr is a global online marketplace for freelance services. Fiverr’s platform connects freelancers (sellers) to people or businesses looking to hire (buyers). Listings on Fiverr are diverse and range from "get a well-designed business card" to "help with HTML, JavaScript, CSS, and jQuery".The highest-paying jobs on Fiverr include website design, social media manager, proofreading and copywriting, and resume writing. Fiverr takes its name from the $5 asking price attached to all tasks when the company was founded in 2010 in Tel Aviv. These days many sellers charge much more, and the site is increasingly bringing its freelancers high income. Freelancers work from a variety of workplaces, ranging from home to office. The platform is global, with freelancers and businesses spanning an estimated 160 countries. Fiverr went public in 2019. Today it is a multi-billion-dollar global marketplace. History Fiverr was founded by Micha Kaufman and Shai Wininger. The founders came up wit ...
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Periscope (service)
Periscope was an American live video streaming app for Android and iOS developed by Kayvon Beykpour and Joe Bernstein and acquired by Twitter, Inc. before its launch in March 2015. The service was discontinued on 31 March 2021 due to declining usage, product realignment, and high maintenance costs. However, Periscope videos can still be watched via Twitter and most of its core features are now incorporated into the app. History Beykpour and Bernstein came up with the idea for Periscope while traveling abroad in 2013. Beykpour was in Istanbul when protests broke out in Taksim Square. He wanted to see what was happening there, so he turned to Twitter. While he could read about the protests, he could not see them. They started the company in February 2014, under the name Bounty. They raised $1.5 million from Founder Collective, Scott Belsky, Maveron, Google Ventures, Menlo Ventures, Bessemer, Stanford – StartX and Sam Shank in April 2014. Periscope was acquired January 2015 ...
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Diapers
A diaper /ˈdaɪpə(r)/ (American and Canadian English) or a nappy (Australian English, British English, and Hiberno-English) is a type of underwear that allows the wearer to urinate or defecate without using a toilet, by absorbing or containing waste products to prevent soiling of outer clothing or the external environment. When diapers become wet or soiled, they require changing, generally by a second person such as a parent or caregiver. Failure to change a diaper on a sufficiently regular basis can result in skin problems around the area covered by the diaper. Diapers are made of cloth or synthetic disposable materials. Cloth diapers are composed of layers of fabric such as cotton, hemp, bamboo, microfiber, or even plastic fibers such as PLA or PU, and can be washed and reused multiple times. Disposable diapers contain absorbent chemicals and are thrown away after use. Diapers are primarily worn by infants, toddlers who are not yet toilet trained, and by children wh ...
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Twilio
Twilio () is an American company based in San Francisco, California, which provides programmable communication tools for making and receiving phone calls, sending and receiving text messages, and performing other communication functions using its web service APIs. History Twilio was founded in 2008 by Jeff Lawson, Evan Cooke, and John Wolthuis and was originally based in both Seattle, Washington, and San Francisco, California. Twilio's first major press coverage, in November 2008, was the result of an application built by Jeff Lawson to rickroll people, which investor Dave McClure used on TechCrunch founder and editor Michael Arrington as a prank. A few days later, on November 20, 2008, the company launched Twilio Voice, an API to make and receive phone calls completely hosted in the cloud. Twilio's text messaging API was released in February 2010, and SMS shortcodes were released in public beta in July 2011. Twilio raised approximately $103 million in venture capital growth ...
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Canva
Canva is an Australian graphic design platform that is used to create social media graphics and presentations. The app includes readymade templates for users to use, and the platform is free and offers paid subscriptions such as Canva Pro and Canva for Enterprise for additional functionality. In 2021, Canva launched a video editing tool. Users can also pay for physical products to be printed and shipped. The company has announced it intends to compete with Google and Microsoft in the office software category, with website and whiteboard products. In June 2020, Canva raised 60 million at a valuation of 6 billion; almost doubling its 2019 valuation. In September 2021, Canva raised US$200 million, with its value peaking that year at US$40 billion. By September 2022 the valuation of the company had leveled at US$26 billion. History Canva was founded in Perth, Australia, by Melanie Perkins, Cliff Obrecht, and Cameron Adams on 1 January 2013. In its first year, Canva had more than 7 ...
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