Information Technology Ventures is a U.S.-based company that invests in information and technology startups.
Industry
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IPO status
Private
Description
Founded by Sam Lee, Information Technology Ventures is a venture capital firm located in Palo Alto, California. The firm has a track record of successful exits, with the highest number of exits occurring in 2004. While the firm typically engages in less than 2 deals per year, it has been most active in 2000. Information Technology Ventures focuses on lead investments that are 7 percentage points lower than the industry average. The firm typically invests in deals ranging from $10 million to $50 million, with a typical startup value of $500 million to $1 billion. The firm has a lower exit rate compared to other organizations, but it has a preference for investing in startups with 6-7 participants in funding rounds. Other notable investors in the same rounds include Motorola Solutions Venture Capital, AIG Highstar Capital, and Industrial Technology Ventures. The firm's portfolio includes successful startups such as SkyBitz and Ishoni Networks, and it has a particular interest in the telecommunications and electronics sectors. Startups seeking investment from Information Technology Ventures should be around 4-5 years old.