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Trident Capital

North America, California, United States, Palo Alto

Description

Trident Capital was a prominent venture capital and growth equity firm, established in 1993 with offices in Palo Alto, California, and Westport, Connecticut. For over two decades, the firm was a significant player in the technology investment landscape, primarily focusing on software, services, and internet companies. Its investment strategy spanned various stages, from early-stage venture to late-stage growth equity, indicating a flexible approach to backing promising enterprises across their lifecycle.

Over its operational history, Trident Capital successfully raised a substantial amount of capital, totaling approximately $1.9 billion across 11 distinct funds. This considerable financial backing allowed the firm to make a broad impact, culminating in a portfolio that included 175 investments. The firm was known for its strategic investments in companies that often went on to achieve significant milestones, including numerous successful exits, with 67 companies from its portfolio reaching an acquisition or IPO.

In 2015, Trident Capital underwent a strategic transformation, splitting into two independent and specialized entities: Trident Capital Cybersecurity and Trident Capital Fund. This restructuring allowed the original firm's legacy and expertise to continue under more focused investment mandates. While the original Trident Capital no longer operates as a unified entity, its historical investment patterns suggest a typical first check size ranging from mid-single-digit millions for earlier rounds to tens of millions for growth-stage opportunities, reflecting its dual focus on venture and growth equity.

Investor Profile

Trident Capital has backed more than 218 startups, with 0 new investments in the last 12 months alone. The firm has led 78 rounds, about 36% of its total and boasts 78 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series B, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Ireland, India.
  • Strong thematic focus on Software, Enterprise Software, Information Technology.
  • Typical check size: $5M – $50M.

Stage Focus

  • Series Unknown (25%)
  • Series B (22%)
  • Series A (18%)
  • Series C (17%)
  • Series D (10%)
  • Series E (3%)
  • Seed (1%)
  • Private Equity (1%)

Country Focus

  • United States (97%)
  • Ireland (1%)

Industry Focus

  • Software
  • Enterprise Software
  • Information Technology
  • Saas
  • Internet
  • Security
  • Analytics
  • Advertising
  • Cyber Security
  • Health Care
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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 Trident Capital frequently co-invest with?

Kleiner Perkins
North America, California, United States, Menlo Park
Co-Investments: 8
Granite Ventures
North America, California, United States, San Francisco
Co-Investments: 7
Norwest Venture Partners
North America, California, United States, Palo Alto
Co-Investments: 21
EPIC Ventures
North America, Utah, United States, Salt Lake City
Co-Investments: 9
Boston Millennia Partners
North America, Massachusetts, United States, Boston
Co-Investments: 8
Focus Ventures
North America, California, United States, Palo Alto
Co-Investments: 7
CMEA Ventures
North America, California, United States, San Francisco
Co-Investments: 7
StarVest Partners
North America, New York, United States, New York
Co-Investments: 7
Shasta Ventures
North America, California, United States, Portola Valley
Co-Investments: 11
Intel Capital
North America, California, United States, Santa Clara
Co-Investments: 10

Which angels does Trident Capital often collaborate with?

JR
North America, United States
Shared Deals: 1
GM
North America, New York, United States, New York
Shared Deals: 1
HT
North America, California, United States, San Francisco
Shared Deals: 1
Cyan Banister
North America, California, United States, San Francisco
Shared Deals: 1
AO
North America, California, United States, San Francisco
Shared Deals: 1
IR
North America, New York, United States, New York
Shared Deals: 1
GS
North America, California, United States, Culver City
Shared Deals: 1
GT
North America, California, United States, San Francisco
Shared Deals: 1
LL
North America, New York, United States, New York
Shared Deals: 1
JN
North America, California, United States
Shared Deals: 1

What are some of recent deals done by Trident Capital?

prevoty

Marina Del Rey, California, United States

DevOps-oriented application security solution.

Cloud SecurityCyber SecurityDeveloper ToolsDevOpsInformation TechnologyNetwork SecuritySecuritySoftware
Series BDec 6, 2017
Amount Raised: $13,000,000
HyTrust

Mountain View, California, United States

HyTrust specializes in security, compliance and control software for private, hybrid and public cloud infrastructure.

Cyber SecurityInfrastructureSecuritySoftware
Series EJul 11, 2017
Amount Raised: $36,000,000
Mocana

Sunnyvale, California, United States

Mocana is a developer of cybersecurity software solutions that protect Internet of Things devices and industrial infrastructure.

Cyber SecurityInformation TechnologyInternetSoftware
Series FMay 16, 2017
Amount Raised: $11,000,000
Mojo Networks

Mountain View, California, United States

Mojo Networks develops a unified cloud managed WiFi offering robust access, security and engagement capabilities for enterprises.

Enterprise SoftwareSaaSSecuritySoftwareWireless
Series EFeb 8, 2017
Amount Raised: $30,000,000
Survela

Los Altos, California, United States

Survela is an internet service provider that monitors the web and deep web and alerts you when you are exposed.

Cyber SecurityEnterpriseEnterprise SoftwareInformation TechnologyInternetSecuritySoftwareWireless
Series AAug 3, 2016
Amount Raised: $14,000,000
UserZoom

San Jose, California, United States

UserZoom delivers actionable UX insights to design better digital experiences.

Market ResearchSoftwareUsability TestingUX Design
Series AOct 15, 2015
Amount Raised: $34,000,000
AT&T CyberSecurity

San Mateo, California, United States

AT&T CyberSecurity provides threat intelligence, collaborative defense, and security solutions for businesses.

Cloud ComputingCyber SecurityDeveloper APIsInformation TechnologyNetwork SecurityOpen SourceSecurity
Series EAug 19, 2015
Amount Raised: $52,000,000
OutMatch

Dallas, Texas, United States

OutMatch is an competency-based job-fit assessments, behavioral interviewing, and online reference checking site.

Cloud ManagementComputerEnterprise SoftwareInformation TechnologySoftware
Series UnknownAug 18, 2015
Survela

Los Altos, California, United States

Survela is an internet service provider that monitors the web and deep web and alerts you when you are exposed.

Cyber SecurityEnterpriseEnterprise SoftwareInformation TechnologyInternetSecuritySoftwareWireless
SeedJul 15, 2015
HyTrust

Mountain View, California, United States

HyTrust specializes in security, compliance and control software for private, hybrid and public cloud infrastructure.

Cyber SecurityInfrastructureSecuritySoftware
Series DApr 1, 2015
Amount Raised: $25,000,000