
ComVentures
Description
ComVentures was a prominent U.S.-based venture capital firm headquartered in Palo Alto, California, established in 1986. The firm historically focused its investments on the evolving landscape of digital media, communications, software, and internet infrastructure companies. Over its active investment period, ComVentures positioned itself as a key financial partner for technology startups, particularly those developing foundational technologies and services for the digital age.
The firm successfully raised approximately $1.7 billion across six distinct funds throughout its operational history. Its final fund, ComVentures VI, closed in 2007 with $300 million in committed capital. During its tenure, ComVentures demonstrated a robust investment strategy, making a total of 153 investments across various stages, from early-stage startups to more mature growth companies. This extensive portfolio activity also translated into a significant number of successful exits, with over 60 companies achieving liquidity events, including IPOs and acquisitions.
While ComVentures played a significant role in funding the technology sector for several decades, the firm appears to have largely ceased making new first-time investments following the deployment of its last fund. Its current activities are primarily focused on managing its existing portfolio, realizing value from its remaining investments, and facilitating exits. Consequently, ComVentures is not an active source of new venture capital for entrepreneurs seeking initial funding today.
Investor Profile
ComVentures has backed more than 129 startups, with 0 new investments in the last 12 months alone. The firm has led 31 rounds, about 24% of its total and boasts 45 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series B, Series Unknown, Series A rounds (top funding stages).
- Majority of deals are located in United States, China, United Kingdom.
- Strong thematic focus on Software, Internet, Telecommunications.
- Typical check size: $3M – $10M.
Stage Focus
- Series B (29%)
- Series Unknown (19%)
- Series A (19%)
- Series C (17%)
- Series D (11%)
- Series E (3%)
- Series F (2%)
- Private Equity (2%)
Country Focus
- United States (95%)
- China (2%)
- United Kingdom (2%)
- The Netherlands (1%)
- India (1%)
Industry Focus
- Software
- Internet
- Telecommunications
- Information Technology
- Web Hosting
- Wireless
- Voip
- Mobile
- Enterprise Software
- Communications Infrastructure
Frequently Asked Questions
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