Icon Ventures

Source: Wikipedia, the free encyclopedia.
Icon Ventures
Company type
Parent
JAFCO
Websitewww.iconventures.com

Icon Ventures is an American

venture capital firm located in Palo Alto, California, United States
.

History

Jafco 2014. Front row: David Scott, Joe Horowitz, Will Harbin

Icon Ventures was founded by Joe Horowitz in 2003 in

Jafco Ventures. The company rebranded as Icon Ventures in January 2015.[1] Until 2014, its capital was exclusively provided by JAFCO, a Japanese investment fund.[2]

In October 2017, Icon Ventures raised its sixth fund of $265M from a diversified group of investors.[3]

In October 2018, the firm announced an expansion of that fund to $375M.[4]

Business description

Icon Ventures has historically funded early stage, and growth stage investments in private technology-based businesses.

Proofpoint.[10]

Icon Ventures Fund I is currently listed as the 6th best performing fund of recent times in the sub-$250M category by Pitchbook.[11]

As of August 2021, its most recent lead investments were At Bay,[12] Nomad Health,[13] Timescale [14] and Quizlet.[15]

See also

  • Venture Capital

References

  1. ^ Gage, Deborah (January 26, 2015). "Jafco Rebrands As Icon Ventures". Wall Street Journal.
  2. ^ Gage, Deborah (November 22, 2013). "Three's a Charm: Hat Trick for Jafco Ventures". Wall Street Journal.
  3. ^ McBride, Sarah (October 11, 2017). "Icon Ventures Raises $265 Million Fund". Bloomberg.
  4. ^ Salinas, Sara (October 20, 2018). "Tech investor Joe Horowitz raises money to stay relevant in a world of megafunds and huge valuations". CNBC.
  5. ^ "Icon Ventures website". March 15, 2015.
  6. ^ Rao, Leena (June 16, 2010). "Bill.com raises another $8.5M to streamline business bill payments". Techcrunch.
  7. ^ Sullivan, Mark (September 23, 2014). "Teladoc raises $50M for telemedicine platform". Venturebeat.
  8. ^ Acohido, Byron (September 24, 2013). "Investors Lured By FireEyes Likely Explosive Growth". USA Today.
  9. ^ Kuchler, Hannah (February 20, 2014). "Google backs two more cyber security start-ups". Financial Times.
  10. ^ "Proofpoint Raises $28M". New York Times. February 28, 2008.
  11. ^ "The top sub-$250M VC funds". Pitchbook. May 16, 2016.
  12. ^ Katherine Chiglinsky (July 27, 2021). "Nomad Health lands $34M to double staff, open NC office". Bloomberg News.
  13. ^ Laura Lovett (August 15, 2019). "Nomad Health lands $34M to double staff, open NC office". Mobi Health News.
  14. ^ "Timescale announces $15M investment and new enterprise version of TimescaleDB". Techcrunch. January 29, 2019.
  15. ^ "Quizlet Raises $20 Million to Bring More Artificial Intelligence to Its Study Tools". Edsurge. Feb 6, 2018.

External links