Miramar Ventures

Miramar Venture Partners, often referred to as Miramar Ventures, is a seasoned venture capital firm established in 2002 and based in Corona Del Mar, California. The firm primarily focuses on early-stage technology companies, with a historical emphasis on sectors such as mobile, wireless, digital media, enterprise software, and semiconductors. Its investment thesis centers on identifying disruptive technologies and innovative business models within these rapidly evolving industries, aiming to support companies from their foundational stages.

The firm manages two distinct funds, collectively totaling $100 million in committed capital. Its first fund, Miramar Venture Partners I, closed with $50 million in 2002, followed by Miramar Venture Partners II, which also raised $50 million in 2007. This capital structure underscores their long-term commitment to early-stage investing. Miramar typically seeks to be a lead or co-lead investor, providing not just capital but also strategic guidance and operational support to its portfolio companies. Their approach involves active engagement with founders to help scale businesses from inception through significant growth phases.

Miramar Venture Partners has built a diverse portfolio over two decades, having made a total of 29 investments across various technology sub-sectors. While specific check sizes are not publicly disclosed, given their fund sizes and early-stage focus, initial investments typically range from $500,000 to $2.5 million. This range allows them to participate in seed rounds for nascent startups as well as lead or co-lead Series A rounds for more developed early-stage companies. The firm also reserves capital for follow-on investments, supporting their portfolio companies through subsequent funding rounds as they achieve key milestones and demonstrate growth potential. Their portfolio includes companies like MobileCause, PacketVideo, and Tely Labs, demonstrating their commitment to the mobile and communication technology space.