Founded in 1999 and based in Newark, Delaware, IPV invests in seed-stage, early-stage, and later-stage companies in information technology, TMT, big data, e-commerce, mobile, internet of things, SaaS, and infrastructure sectors. IPV focuses on businesses whose technology holds potential to fundamentally change markets, seeking companies that can introduce new, high value-added products and services, upset the status quo, and capture market leadership.