Battery Ventures is an American technology-focused investment firm. Founded in 1983, the firm makes
venture-capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which hav ...
and
private-equity investments in markets across the globe from offices in
Boston
Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- mo ...
,
Silicon Valley
Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo Cou ...
,
San Francisco
San Francisco (; Spanish for " Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17t ...
,
Israel
Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...
and
London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...
. Since inception, the firm has raised over $13 billion and is now investing its fourteenth funds, Battery Venture XIV and Battery Ventures Select Fund II, with a combined capitalization of $3.8 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 $13 billion in capital through the following fourteen funds and corresponding side funds.
The firm has offices in
Boston
Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- mo ...
,
San Francisco
San Francisco (; Spanish for " Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17t ...
, Menlo Park,
Tel Aviv
Tel Aviv-Yafo ( he, תֵּל־אָבִיב-יָפוֹ, translit=Tēl-ʾĀvīv-Yāfō ; ar, تَلّ أَبِيب – يَافَا, translit=Tall ʾAbīb-Yāfā, links=no), often referred to as just Tel Aviv, is the most populous city in the G ...
,
London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...
, and
New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
.
Current investing general partners include: Neeraj Agrawal, Michael Brown, Morad Elhafed, Jesse Feldman, Russell Fleischer, Roger Lee, Chelsea Stoner, Dharmesh Thakker and Zack Smotherman.
Investments
As of 2021, Battery has invested in more than 450 companies, 69 of which have gone public and another 185 have merged or been acquired.
The firm's current investment focus includes:
*Application software
*Infrastructure software
*Consumer
*Industrial tech + life sciences
References
Further reading
Venture Capitalists Ride Boom in Technology IPOs Bloomberg, June 25, 2011
Drama and Pragmatism Drive Fight Over a Hiring ''
The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
'', December 24, 2001
Venture Capitalists See Investors Grow Mutinous ''The New York Times'', April 14, 2002
External links
Battery Ventures(company website)
{{Venture capital firms
Companies based in Boston
Financial services companies established in 1983
Venture capital firms of the United States
1983 establishments in Massachusetts