Being involved as a Venture Partner in OpenView Partners, a venture capital firm with an investment model and approach to doing things a little bit differently, has been a real blast for the last five years.
During those years the team has started:
The team has grown from an initial nine members to today’s 25 members and seven advisers, all focused on finding great companies in which to invest growth capital. We then help our portfolio companies scale their businesses in the most effective and efficient matter through operational execution, including OpenView Lab’s assistance.
During all of this OpenView:
- Closed Fund I in October of 2006 for $100 million. We invested in nine great companies.
- Closed Fund II in August of 2008, and capped at $125 million because it was over subscribed. We invested in 10 great companies.
- Closed Fund III in March of 2012 targeted at $150 million, and capped at $200 million because it was also over subscribed. We are now about to announce out first Fund III investment. You can read the announcement here.
On top of all of this, OpenView was ranked No. 6 out of the Top Ten 10 VC Brands in Venture Capital by Heardable this week.
OpenView has sure come a long ways in five years… thanks to all the CEOs / Founders who have chosen OpenView Partners as their partner for expansion capital and the LPs who have been with us every step of the way!
I can’t wait to see what the next five years brings!
All the best!