Advanced Technology Ventures Fund Information and Portfolio

Advanced Technology Ventures (ATV) has a dedicated fund that supports innovative startups in the technology industry. This fund is a significant part of ATV's investment strategy.

The fund invests in companies that have the potential to transform industries and markets. ATV's experienced team of investors and entrepreneurs provides guidance and support to portfolio companies.

ATV's portfolio includes companies such as VMware, which revolutionized the virtualization industry. Another notable company is Veritas, a leader in data management and storage solutions.

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Advanced Technology Ventures was founded by Dr. Thaddeus (Teddy) F. Walkowicz, Dr. Ivan Sutherland, George Kokkinakis, and Dr. Robert Loewy after Dr. Walkowicz left Venrock, a venture capital firm associated with the Rockefeller family.

The company's history dates back to 1988 when ATV III closed with $30.7 million. This was followed by ATV VII closing with $720 million in 2001, and ATV VIII closing with $305 million in 2007.

Advanced Technology Ventures has 11 funds, including Advanced Technology Ventures VIII LP, which closed with $305 million in 2008. This fund was an early-stage venture capital fund.

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Advanced Technology Ventures (ATV) was founded by Dr. Thaddeus (Teddy) F. Walkowicz, Dr. Ivan Sutherland, George Kokkinakis, and Dr. Robert Loewy.

They left their previous roles at Venrock, a venture capital firm associated with the Rockefeller family, to start this new venture.

ATV III closed in 1988 with a significant investment of $30.7 million.

This marked a notable milestone for the company, demonstrating its ability to secure substantial funding.

ATV VII closed in 2001 with an impressive $720 million, a substantial increase from its earlier investment.

The company continued to grow, with ATV VIII closing in 2007 with $305 million.

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Advanced Technology Ventures (ATV) has a rich history of creating and managing investment funds. The firm was founded in 1988 when Dr. Thaddeus (Teddy) F. Walkowicz left Venrock to team up with Dr. Ivan Sutherland, George Kokkinakis, and Dr. Robert Loewy.

ATV has successfully closed numerous funds over the years, with its largest fund, ATV VII, closing with $720M in 2001. This is a significant milestone in the firm's history, demonstrating its ability to raise substantial capital from investors.

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ATV's investment strategy has been focused on early-stage venture capital, as seen in its various fund types. For example, ATV VIII LP is an early-stage venture capital fund that closed on January 31, 2008, with $305M.

Here's a breakdown of some of ATV's notable funds:

ATV's ability to close large funds like ATV VII and ATV VIII LP demonstrates its strength in the venture capital industry.

Advanced Technology Ventures has made 454 investments, with their latest investment being in Nuvaira as part of their Series F - II on November 30, 2023. They have a diverse portfolio of investments across various sectors.

Their investment strategy spans multiple sectors, including Life Sciences, Enterprise Applications, and High Tech. Here's a breakdown of their investment sectors and the number of investments in each:

Some of their notable investments include Qumu, which was acquired in December 2022, and Tripwire, which was acquired in February 2022.

Advanced Technology Ventures has made 454 investments, with their latest investment being in Nuvaira as part of their Series F - II on November 30, 2023.

They generally invest in companies that are at the Series B stage, with 33 investments in this category.

Their investments are spread across various sectors, with Life Sciences being the most prominent, accounting for 26 investments.

Here's a breakdown of the sectors they invest in:

They also invest in companies at the Series A, Series C, Seed, Series D, and Others stages, with 28, 15, 3, 2, and 4 investments respectively.

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Advanced Technology Ventures has a remarkable track record of 102 portfolio exits, with their latest exit being the acquisition of Gynesonics by Hologic on October 14, 2024, for an undisclosed valuation of $XXM.

Their portfolio exits include a mix of acquisitions and initial public offerings (IPOs). In fact, 8 out of their 102 exits were IPOs, with one of the earliest being Calithera Biosciences' IPO on October 2, 2014.

In terms of acquisition valuations, we can see that some of the exits were significant, with Gynesonics and EndoGastric Solutions being acquired for $XXM each. However, the exact valuations for these exits are not publicly disclosed.

Here's a breakdown of their notable portfolio exits:

It's worth noting that some of their exits were marked by a significant return on investment, such as Calithera Biosciences, which had its first round of investment in 2010 and went public in 2014 with a valuation of $40M.

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Qumu was acquired by Advanced Technology Ventures on December 19, 2022, after being first invested in on July 21, 2008, in a Post IPO round worth $10.7M.

The company Tripwire was acquired on February 9, 2022, after Advanced Technology Ventures first invested in it on February 22, 2000, in a Series B round worth $9M.

Fuze was acquired on December 1, 2021, and was first invested in on October 15, 2013, in a Series C round worth $10M.

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Noosh was acquired on September 30, 2021, after being first invested in on March 27, 2005, in a Series A round worth $3.62M.

Acceleron Pharma was acquired on September 27, 2021, after being first invested in on February 13, 2004, in a Series A round worth $25M.

Here's a summary of the acquisitions:

Advanced Technology Ventures invests in a variety of sectors, with a notable focus on Life Sciences, where they have made 26 investments.

Their investment portfolio also includes Enterprise Applications, with 19 investments, and Enterprise Infrastructure, where they have invested in 12 companies.

Here's a breakdown of their investment sectors:

Advanced Technology Ventures invests in a variety of sectors, with Life Sciences being the most popular, boasting 26 investments.

The firm also has a significant presence in Enterprise Applications, with 19 investments under its belt.

Enterprise Infrastructure and High Tech are other notable sectors, with 12 and 11 investments respectively.

HealthTech is a smaller but still important sector for Advanced Technology Ventures, with 7 investments.

The remaining 59 investments are classified under the umbrella term "Others".

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Advanced Technology Ventures (ATV) has a clear investment strategy when it comes to the stage of companies they back.

ATV generally invests in companies at the Series B stage, with 33 investments in this category.

They also invest in Series A, with 28 investments, and Series C, with 15 investments.

Seed stage investments are less common for ATV, with only 3 investments in this category.

Series D investments are even rarer, with only 2 investments.

Here's a breakdown of ATV's investment stages:

Advanced Technology Ventures has a strong track record of successful IPOs and public companies in its portfolio. Calithera Biosciences, for example, went public on October 2, 2014.

In terms of investment, Advanced Technology Ventures has provided significant funding to its portfolio companies. The company's first investment in Calithera Biosciences was $40 million in a Series A round on July 8, 2010.

Here are some key financial and business facts about Advanced Technology Ventures' portfolio companies:

Advanced Technology Ventures' portfolio companies have also achieved significant milestones in terms of investment rounds. For example, Verastem received $32 million in a Series B round on July 25, 2011.

The annual revenue of a company can give you a sense of its financial health and stability. Advanced Technology Ventures had an annual revenue of $15.2 million in 2025.

Companies with lower revenue may struggle to invest in research and development, but they can be more agile and adaptable.

As I dug into the financial records of Advanced Technology Ventures, I was struck by the success of their portfolio companies that went public. Calithera Biosciences made its IPO debut on October 2, 2014.

The company had received its first investment on July 8, 2010, and the initial round of investment was a Series A worth $40 million. This significant investment likely played a crucial role in Calithera's ability to go public four years later.

Verastem's IPO occurred on January 27, 2012, after the company received its first investment on July 25, 2011, as part of a Series B round worth $32 million. This investment helped Verastem prepare for its eventual IPO.

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CoolSculpting made its IPO on October 19, 2011, but the exact details of its initial investment are unknown. GI Dynamics' IPO took place on July 9, 2011, after a Series B round of investment worth $12 million on May 24, 2004. TranS1's IPO occurred on October 17, 2007, following a Series B round of investment worth $12 million on May 6, 2003.

Here's a breakdown of the IPOs and public companies in Advanced Technology Ventures' portfolio:

Advanced Technology Ventures has a strong leadership team that drives its investment strategy. Bob Hower is the General Partner of the company.

The General Partner plays a crucial role in guiding the investment decisions, and in this case, Bob Hower is the one responsible for making key decisions.

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The General Partner is a key player in venture capital firms. Bob Hower is the General Partner of Advanced Technology Ventures.

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A General Partner is responsible for managing the investment decisions and daily operations of a venture capital firm. They often have a deep understanding of the industry and market trends.

Bob Hower's experience as the General Partner of Advanced Technology Ventures demonstrates the importance of a General Partner's role. They are usually responsible for sourcing and evaluating investment opportunities.

The General Partner works closely with the Co-Investors to make investment decisions and manage the portfolio. This collaboration is crucial for the success of the venture capital firm.

Bob Hower's involvement with Advanced Technology Ventures highlights the significance of a General Partner's expertise and leadership.

Advanced Technology Ventures has had the opportunity to co-invest with a total of 447 investors over the past 28 years. This includes a diverse group of funds and angels.

One notable aspect of Advanced Technology Ventures' co-investing history is that 57 other investors have invested in rounds before them. This is significant, as it shows that these investors have a track record of successful investments.

In fact, MPM Capital and Bessemer Venture Partners are two notable co-investors that have invested in rounds before Advanced Technology Ventures. MPM Capital has co-invested with Advanced Technology Ventures in 2 companies, and Bessemer Venture Partners has done the same in 2 companies.

Advanced Technology Ventures has also co-invested with 163 other investors in various companies. This includes notable investors like DFJ, which has co-invested with Advanced Technology Ventures in 6 companies.

A total of 225 investors have invested in Advanced Technology Ventures' portfolio after their investments. This is a testament to the success and reputation of Advanced Technology Ventures as a co-investor.

Here are some of the top co-investors of Advanced Technology Ventures:

Advanced Technology Ventures recently got hit by a cyberattack in July, making it clear just how vulnerable the venture community can be.

This cyberattack highlights the importance of having robust security measures in place, especially for firms dealing with sensitive information.

The incident serves as a reminder that no one is immune to cyber threats, not even well-established companies like Advanced Technology Ventures.