Granite Ventures Portfolio Performance and Exits

Granite Ventures has a strong track record of portfolio performance and successful exits. They've had a number of notable investments in the tech space.

One notable example is their investment in a company that went on to acquire a significant number of users and achieve substantial revenue growth. This investment resulted in a substantial return for Granite Ventures.

Granite Ventures also has a keen eye for spotting emerging trends and technologies, which has allowed them to make savvy investments in areas like cloud computing and cybersecurity.

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Granite Ventures has a significant investment portfolio, with a total of 656 investments to date. This impressive number speaks to the firm's extensive experience and reach in the venture capital space.

One notable investment is Smule, a company that received funding from Granite Ventures as part of its Series J on December 06, 2022. This highlights the firm's ability to support innovative companies at various stages of their growth.

Some of Granite Ventures' notable investments include companies like Anaplan, Tumbleweed Communications, and Airbnb.

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Granite Ventures has made a significant number of investments, with a total of 656 investments to their name. This is a testament to their active involvement in the investment world.

One notable investment made by Granite Ventures is in Smule, which was part of their Series J investment on December 06, 2022. This shows that they are still actively making investments in the present.

Granite Ventures has also backed companies such as Anaplan, Tumbleweed Communications, and Plumtree Software, among others. This demonstrates their diverse range of investments.

Here are some notable companies that Granite Ventures has invested in:

These investments showcase Granite Ventures' commitment to supporting a wide range of businesses.

Granite Ventures has a significant number of portfolio exits, with a total of 199. Their latest exit was Agilence, which was acquired by Cuadrilla Capital for $XXM on October 27, 2021.

Marqeta, another company in their portfolio, went public on June 9, 2021, at a valuation of $XXM.

HyTrust was acquired by Entrust on January 14, 2021, for $XXM.

Granite Ventures' portfolio exits are a testament to their successful investments and the growth of their portfolio companies.

Here are some key facts about Granite Ventures' portfolio exits:

Granite Ventures has a strong track record of financial performance, with a portfolio that has generated over $1.5 billion in exit value since its inception.

The firm's focus on seed and early-stage investments has allowed it to identify and back high-growth companies at an early stage, resulting in significant returns for its investors.

Granite Ventures' portfolio companies have experienced an average annual growth rate of 50% over the past five years.

This growth is a testament to the firm's ability to identify and support companies with strong potential for scalability and innovation.

The firm's investment approach has allowed it to achieve a high level of success, with over 70% of its portfolio companies achieving exit status.

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Granite Ventures has managed to close 11 funds, each with its own unique characteristics and investment amounts. The firm's history dates back to 2000 with the closing of the Granite Ventures LP fund, which had an investment amount of $150M.

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One of the most notable funds is the GV Anaplan SPV, which closed on June 6, 2017, with an investment amount of $1.52M. This fund is classified as an Early-Stage Venture Capital fund.

The Granite Ventures II LP fund, which closed on August 29, 2005, had a significantly larger investment amount of $350M. This fund also falls under the Early-Stage Venture Capital category.

Here's a list of the funds managed by Granite Ventures:

It's worth noting that the firm has also managed funds with significantly larger investment amounts, such as the Adobe Ventures IV LP and TI Ventures III LP funds, which both closed in 2000 with investment amounts of $XXM. However, the exact amounts are not publicly disclosed.

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Shutterfly has secured $23 million in its third round of financing.

Granite Ventures was one of the new investors that joined the initial investors, including Netscape co-founder Jim Clark, Mohr Davidow Ventures, and Adobe Ventures.

The funds will be used to expand Shutterfly's customer services, marketing programs, and product offerings.

The Best Buy Online Photo Center, created and managed by Shutterfly, will launch on February 19.

Granite Ventures was part of a group of new investors that joined the initial investors in Shutterfly's third round of financing.