This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages)
|
Granite Ventures is a venture capital firm with offices in San Francisco, California. Granite's predecessor H&Q Venture Associates, founded in 1992, was the venture capital investment arm of Hambrecht & Quist, a leading technology oriented investment bank. Granite completed a spinout from H&Q when the bank was sold to Chase Manhattan Bank in 1999.[1]
Company type | Private |
---|---|
Industry | Private equity |
Founded | 1992 |
Headquarters | San Francisco, California, United States |
Products | Venture capital |
Total assets | US$1,000,000,000 |
Number of employees | 20+ |
Website | granitevc |
Since its founding, Granite has raised over $1 billion in investor commitments and has invested in more than 90 companies. In 2005, the firm raised Granite Ventures II, its second fund since completing its spinout in 2000, with $350 million of investor commitments.[2]
Granite's investment professionals include: Chris Hollenbeck, Chris McKay, Standish O'Grady and Eric Zimits.[citation needed]
Investments
editGranite has backed such companies as Anaplan, Tumbleweed Communications, Plumtree Software, Sendmail, Workboard, and Westbridge Technology.
Its investments also include Airbnb,[3] Aspen Avionics,[citation needed] HyTrust,[4] Lucidworks,[citation needed] Survios,[citation needed] and Telltale Games.[citation needed]
References
edit- ^ Primack, Dan (14 August 2000). "Granite Ventures breaks with past, forsaking H&Q name". Investment Dealers' Digest. Retrieved 28 December 2016.
- ^ "Granite Ventures II closes on $350m". AltAssets. 30 August 2005. Retrieved 28 December 2016.
- ^ Thomas, Owen. "Airbnb Is Turning Itself Into A Local-Business Guide". Business Insider. Retrieved 2019-04-17.
- ^ "HyTrust Receives Investment from CIA's Venture Capital Arm". www.securityweek.com. 2013-07-16. Retrieved 2019-04-17.
External links
edit