Chris Esqueda Joins Institutional Venture Partners

Menlo Park , Calif. – October 28, 2008 – Institutional Venture Partners (IVP), one of the premier later-stage venture capital firms, is pleased to announce the addition of Christopher Esqueda as a Controller. Chris will manage the audit and tax reporting responsibilities and handle all fund accounting.

“IVP continues to grow and has attracted a large, diverse group of Limited Partners. Accordingly, our financial controls must evolve to keep up with today’s ever increasing reporting standards. We continue to hire exceptional talent, and this addition complements our group of professionals very well," said Melanie Chladek, Chief Financial Officer. “Chris’s strong financial knowledge will strengthen our later-stage technology and media investing practice. We are delighted to welcome him to our team."

Prior to joining IVP, Chris was a Controller at PS’Soft, a global provider of Asset Management, Service Management and Software License Compliance solutions, where he was responsible for accounting, facilities management, risk management, contracts administration, benefits, and cash management. Previously, Chris was the Controller at BenefitPoint and Liquid Software. Chris started his career in Ernst & Young as a Senior Accountant. Chris earned a B.A. in Economics from Stanford University and is a Certified Public Accountant.

About Institutional Venture Partners (IVP)
With more than $2.2 billion of committed capital, Institutional Venture Partners (IVP) is one of the premier later-stage venture capital firms in the United States.  Founded in 1980, IVP has invested in over 200 companies with 85 IPOs and more than 50 strategic acquisitions of its portfolio companies. IVP has a 28-year IRR of 43.2% which is more than double the industry average. IVP specializes in venture growth investments, industry rollups, founder liquidity, and select public market transactions.  Since its inception, IVP has invested in such notable companies as ArcSight (ARST), Ask Jeeves (IACI), Aspect Communications (ASPT), At Road (ARDI), Business.com (RHD), Clarify (CLFY), ComScore (SCOR), Concur Technologies (CNQR), Danger (MSFT), Digital River (DRIV), Form Factor (FORM), Foundry Networks (FDRY), Juniper Networks (JNPR), LSI Logic (LSI), Mobile 365 (SY), MySQL (JAVA), Netflix (NFLX), Polycom (PLCM), Quigo (AOL), Seagate (STX), Synchronoss (SNCR), Tivo (TIVO), and Websense (WBSN). IVP has offices in Menlo Park and San Francisco, California. For more information, visit www.ivp.com.

Contact:

Gina Bauman Institutional Venture Partners (650) 543-1813 gbauman@ivp.com

 

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