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Advanced Technology Ventures

North America, California, United States, Menlo Park

Description

Advanced Technology Ventures (ATV) was a prominent venture capital firm with a rich history in the Silicon Valley ecosystem. Established in 1979 and headquartered in Menlo Park, California, ATV built a reputation for its diverse investment strategy, spanning critical sectors such as information and communication technology (ICT), infrastructure, consumer technology, bio-pharmaceuticals, and the medical industry. The firm typically engaged with companies across various stages, from early-stage ventures to more mature, late-stage opportunities, contributing significantly to the growth of numerous innovative enterprises over several decades.

However, a pivotal strategic shift occurred around 2014, when Advanced Technology Ventures made the decision to cease raising new investment funds. Instead, the firm transitioned its focus entirely to the management and optimization of its existing portfolio companies. This strategic pivot effectively marked the end of ATV's active role in making new investments or issuing first cheques to emerging startups. Consequently, while ATV maintains its presence as a manager of its legacy holdings, it no longer functions as a source of new venture capital for entrepreneurs seeking initial funding.

Throughout its active investment period, ATV demonstrated a robust investment pace, with Crunchbase data indicating a substantial portfolio of 261 investments. The firm was also successful in guiding many of its portfolio companies to successful exits, tallying 87 such events. While specific typical check sizes for its historical investments are not readily available in the public domain, the firm's broad stage focus suggested a flexible approach to capital deployment. The partners who once led ATV's investment efforts have largely transitioned to new roles or established other venture capital initiatives, further underscoring ATV's current status as a legacy portfolio manager rather than an active new investor.

Investor Profile

Advanced Technology Ventures has backed more than 250 startups, with 0 new investments in the last 12 months alone. The firm has led 78 rounds, about 31% of its total and boasts 72 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series C, Series A rounds (top funding stages).
  • Majority of deals are located in United States, The Netherlands, Canada.
  • Strong thematic focus on Health Care, Biotechnology, Software.

Stage Focus

  • Series B (27%)
  • Series C (21%)
  • Series A (18%)
  • Series D (12%)
  • Series Unknown (12%)
  • Series E (2%)
  • Private Equity (1%)
  • Series F (1%)
  • Debt Financing (1%)
  • Seed (1%)

Country Focus

  • United States (98%)
  • The Netherlands (1%)
  • Canada (1%)
  • India (1%)

Industry Focus

  • Health Care
  • Biotechnology
  • Software
  • Medical Device
  • Medical
  • Information Technology
  • Enterprise Software
  • Manufacturing
  • Saas
  • Health Diagnostics
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Advanced Technology Ventures frequently co-invest with?

Abingworth
Europe, England, United Kingdom, London
Co-Investments: 14
Norwest Venture Partners
North America, California, United States, Palo Alto
Co-Investments: 9
MPM Capital
North America, Massachusetts, United States, Boston
Co-Investments: 17
Versant Ventures
North America, California, United States, Menlo Park
Co-Investments: 10
Frazier Healthcare Partners
North America, Washington, United States, Seattle
Co-Investments: 9
Polaris Partners
North America, Massachusetts, United States, Boston
Co-Investments: 14
Delphi Ventures
North America, California, United States, San Mateo
Co-Investments: 10
Bessemer Venture Partners
North America, California, United States, San Francisco
Co-Investments: 11
Morgenthaler Ventures
North America, California, United States, Menlo Park
Co-Investments: 22
FM
North America, Connecticut, United States, Norwalk
Co-Investments: 12

Which angels does Advanced Technology Ventures often collaborate with?

AP
North America, Massachusetts, United States, Boston
Shared Deals: 1
AM
North America, California, United States, San Francisco
Shared Deals: 1
SS
North America, California, United States, Los Angeles
Shared Deals: 1
David Beyer
North America, California, United States, San Francisco
Shared Deals: 1
JB
North America, Massachusetts, United States, Boston
Shared Deals: 1
AO
North America, Massachusetts, United States, Burlington
Shared Deals: 1
BG
North America, Washington, United States, Seattle
Shared Deals: 2
SS
North America, Massachusetts, United States, Boston
Shared Deals: 1
Matthew Winkler
North America, Texas, United States, Austin
Shared Deals: 1
JS
North America, Massachusetts, United States, Boston
Shared Deals: 1

What are some of recent deals done by Advanced Technology Ventures?

Nuvaira

Minneapolis, Minnesota, United States

Nuvaira is a new alternative COPD treatment option that specializes in developing devices for treating lung diseases.

BiotechnologyHealth CareInformation TechnologyMedical Device
Series EFeb 11, 2019
Amount Raised: $79,000,000
Actifio

Waltham, Massachusetts, United States

Actifio delivers enterprise data-as-a-service to global enterprise customers and service provider partners.

AnalyticsEnterprise SoftwareInformation ServicesInformation TechnologySaaSVirtualization
Series FAug 7, 2018
Amount Raised: $100,000,000
EndoGastric Solutions

San Mateo, California, United States

EGS manufactures EsophyX technology is used to reconstruct the gastroesophageal valve in the TIF 2.0 procedure.

Health CareHealth DiagnosticsMedical Device
Series IJun 19, 2018
Amount Raised: $40,648,790
Gynesonics

Redwood City, California, United States

Gynesonics develops transcervical, uterus-preserving, incision-less technologies for diagnostic and therapeutic applications.

Health CareMedicalMedical DeviceWomen's
Private EquityJan 3, 2018
Amount Raised: $75,000,000
Oasys Water

Boston, Massachusetts, United States

Oasys Water develops energy and resource recovery products that address the growing, global water crisis.

CleanTechEnergyIndustrialWaterWater Purification
Series BMar 3, 2017
Amount Raised: $4,000,000
Second Genome

San Francisco, California, United States

Second Genome offers a pipeline of microbiome modulators that impact infection, immunity and metabolic diseases.

BiotechnologyHealth DiagnosticsMedical
Series BApr 13, 2016
Amount Raised: $51,000,000
Cedexis

Portland, Oregon, United States

Cedexis is a software-defined application delivery platform.

AnalyticsBig DataCloud ComputingContent Delivery NetworkE-CommerceEnterprise SoftwareInformation TechnologyInternetSaaSSoftware
Series BJan 26, 2016
Amount Raised: $22,000,000
EndoGastric Solutions

San Mateo, California, United States

EGS manufactures EsophyX technology is used to reconstruct the gastroesophageal valve in the TIF 2.0 procedure.

Health CareHealth DiagnosticsMedical Device
Series UnknownDec 1, 2015
Amount Raised: $50,000,000
Gynesonics

Redwood City, California, United States

Gynesonics develops transcervical, uterus-preserving, incision-less technologies for diagnostic and therapeutic applications.

Health CareMedicalMedical DeviceWomen's
Series UnknownJul 22, 2015
Amount Raised: $43,000,000
Thrasos

Montréal, Quebec, Canada

Thrasos discovers and develops targeted therapies for the prevention and treatment of severe organ failures.

BiotechnologyHealth CareMedical DeviceTherapeutics
Series DMar 31, 2015
Amount Raised: $21,000,000