IVP Portfolio

Throughout its history, IVP has consistently generated an internal rate of return that is more than twice the industry average. Our 30 year IRR is 43.2%. Even so, we refuse to rest on our laurels. We work hard to become the preferred investment partner for the most competitive technology and media companies. From computing to communications to the cloud, IVP remains in the forefront of identifying tomorrow’s market leaders.

Advent Software

(ADVS)
Enterprise portfolio management, accounting and trade order management software solutions for investment firms
www.advent.com

Agile Software

(ORCL)
Leading provider of Product Lifecycle Management (PLM) software and services solutions
Acquired by Oracle (ORCL)
www.oracle.com

Akamai

(AKAM)
Market-leading, cloud-based services for optimizing web and mobile content and applications, online HD video, and secure commerce
www.akamai.com

Altera

(ALTR)
Pioneer of system-on-a-programmable-chip (SOPC) solutions
IPO (ALTR)
www.altera.com

Amati Communications

(TXN)
Supplier of DSL digital modems for both the consumer and central office
Acquired by Texas Instruments (TXN)
www.ti.com

Applied Digital Access

(JDSU)
Test, access and monitoring systems for telephone companies
IPO (ADAX), acquired by Acterna (ACTR), which was then acquired by JDS Uniphase (JDSU)
www.jdsu.com

Archive

(STX)
Cartridge tape drives
IPO (ACHV), acquired by Conner Peripherals (CNR), which then merged with Seagate Technology (STX)
www.seagate.com

ArcSight

(HPQ)
The leading provider of security and compliance management solutions
IPO (ARST), acquired by Hewlett-Packard (HPQ)
www.arcsight.com

Artisan Components

(ARMH)
Supplier of intellectual property components for the design and manufacture of system-on-a-chip integrated circuits
Acquired by ARM Holdings (ARMH)
www.arm.com

Ask Jeeves

(IACI)
Internet-wide natural language, question-answering service for consumers
IPO (ASKJ), acquired by IAC/Interactive (IACI)
www.ask.com

Aspect

(ASPT)
Provider of state of the art ACD's and call center
IPO (ASPT)
Aspect

Aster Data Systems

(TDC)
A proven leader dedicated to providing the best analytic database for frontline data warehousing
Acquired by Teradata (TDC)
www.asterdata.com

At Road

(TRMB)
Provider of solutions automating the management of mobile resources
IPO (ARDI), acquired by Trimble Navigation (TRMB)
www.trimble.com

Borland Software

(MCRO.L)
Leading provider of high performance e-business solutions
IPO (BORL), acquired by Micro Focus (MCRO.L)
www.borland.com

Bridge Communications

(HPQ)
LAN and Internetworking products
IPO (QBCI), acquired by 3Com (COMS), which was then acquired by Hewlett-Packard (HPQ)
www.hp.com

Buddy Media

Social media management software of choice for eight of the world’s top ten global advertisers
www.buddymedia.com

Business Insider

A leading digital news provider focused on Wall Street, Technology and other popular business verticals
www.businessinsider.com

Business.com

(DEXO)
Business-focused search engine and directory
Acquired by RHDonnelley (RHD), which was then acquired by Dex One (DEXO)
www.business.com

CafePress

(PRSS)
Enables individuals and groups to create, buy, and sell customized products online
www.cafepress.com

Carbonite

(CARB)
A leading provider of SaaS based online backup for individuals and small businesses
www.carbonite.com

ChemConnect

(ICE)
Internet-based industrial chemical trading exchange
Acquired by IntercontinentalExchange (ICE)
www.chemconnect.com

Chordiant Software

(PEGA)
Enterprise customer relationship management software solutions for service-driven organizations
Acquired by Pegasystems (PEGA)
www.pega.com

Cipher Data Products

(STX)
Cartridge tape drives and controllers
Acquired by Archive (ACHV), which was acquired by Conner Peripherals (CNR), which then merged with Seagate Technology (STX)
www.seagate.com

Cirrus Logic

(CRUS)
High-precision analog and mixed-signal integrated circuits
IPO (CRUS)
www.cirrus.com

Clarify

(DOX)
Global provider of enterprise solutions for managing customer relationships in companies across every industry
IPO (CLFY), acquired by Amdocs (DOX)
www.clarify.com

Clearspring Technologies

A leader in connecting publishers, services and advertisers to audiences on the social web
www.clearspring.com

ComScore

(SCOR)
A global leader in measuring the digital world and preferred source of digital business analytics
IPO (SCOR)
www.comscore.com

Concur Technologies

(CNQR)
Leading provider of on-demand business services that automate corporate expense management
IPO (CNQR)
www.concur.com

ConnectAndSell

Provider of on-demand telephone conversations with prospects and customers
www.connectandsell.com

Constant Contact

(CTCT)
The leading provider of SaaS based email marketing solutions for small organizations
www.constantcontact.com

Cortina Systems

A leader in integrated high-speed digital and analog semiconductors for the communications industry
www.cortina-systems.com

Danger

(MSFT)
Develops and supports product designs, software and services for the hiptop mobile handsets
Acquired by Microsoft (MSFT)
www.danger.com

Data Domain

(EMC)
Leading provider of deduplication storage systems for disk backup and network-based disaster recovery
Acquired by EMC Corporation (EMC)
www.datadomain.com

Digital Impact

(ACXM)
Direct marketing for e-commerce via outbound e-mail
IPO (DIGI), acquired by Acxiom (ACXM)
www.digital-impact.com

Digital River

(DRIV)
A leading provider of global e-commerce solutions
corporate.digitalriver.com

Domo

A new software-as-a-service (SaaS) venture launched to redefine the business intelligence (BI) market and transform the way business is managed
www.domo.com

DoubleVerify

The pioneer and market leader in online advertising verification solutions for brand advertisers
www.doubleverify.com

Dropbox

A service that lets people bring their documents, photos and videos everywhere and share them easily
www.dropbox.com

Dust Networks

(LLTC)
Leading provider of wireless mesh networking systems for enterprise-class industrial monitoring and control applications
Acquired by Linear Technology (LLTC)
www.dust-inc.com

eHealth

(EHTH)
The nation's leading online source of health insurance for individuals, families and small businesses
www.ehealthinsurance.com

Eucalyptus

Creator of the most widely deployed on-premise cloud computing platform
www.eucalyptus.com

Exabyte

(ERIC)
Leading supplier and manufacturer of backup and archiving solutions
www.exabyte.com

Excite

(IACI)
Internet portal, featuring comprehensive search tools, a webmail platform and robust content
IPO (XCIT), acquired by Ask Jeeves, which was then acquired by IAC/Interactive (IACI)
www.excite.com

FleetMatics

The market leader in SaaS based GPS tracking applications for local commercial fleets
www.fleetmatics.com

FormFactor

(FORM)
Precision, high-performance semiconductor wafer probe systems
IPO (FORM)
www.formfactor.com

Foundry Networks

(BRCD)
Provider of high-performance enterprise switching, routing, security, and traffic management solutions
IPO (FDRY), acquired by Brocade Communications Systems (BRCD)
www.brocade.com

Gaia Interactive

Anime-themed social networking and forums-based website
www.gaiaonline.com

H5

A leading search and information analysis firm
www.h5.com

Hands On Mobile

Developer and publisher of innovative social games for mobile and online platforms
www.handson.com

HomeAway

(AWAY)
The world's leading online marketplace of vacation rentals
IPO (AWAY)
www.homeaway.com

IC Works

(CY)
Low-power, high-performance clock and communications devices
Acquired by Cypress Semiconductor (CY)
www.cypress.com

Inspirato

The destination club for a new generation of luxury consumers
www.inspirato.com

Juniper Networks

(JNPR)
High-performance routers delivering networking, security and application acceleration solutions
IPO (JNPR)
www.juniper.net

Kayak

Provider of free web and mobile services to help people find and manage their travel
www.kayak.com

Klout

The standard for online and Internet influence
www.klout.com

LegalZoom

The nation's leading provider of legal documents that help people protect their families and launch their business dreams
www.legalzoom.com

Lifelock

An industry leader in identity theft protection
www.lifelock.com

Limelight Networks

(LLNW)
An Internet platform and services company that integrates the most business-critical parts of the online content value chain
www.limelightnetworks.com

LiveOps

Leader in SaaS based distributed contact center solutions
www.liveops.com

LivingSocial

Helps people around the world find, share and enjoy great local deals and new experiences
www.livingsocial.com

LoopNet

(LOOP)
Commercial real estate listings and research
www.loopnet.com

LSI

(LSI)
Leading provider of silicon-to-system solutions used at the core of products that create, store and consume digital information
IPO (LSI)
www.lsi.com

Luminate Software

(EMC)
Internet infrastructure management solutions for e-applications
Acquired by EMC (EMC)
www.emc.com

Marketo

The global leader in Revenue Performance Management solutions that significantly increase customers' marketing and sales success
www.marketo.com

MarkMonitor

Corporate identity management and brand protection solutions for the Internet
www.markmonitor.com

Microtune

(ZRAN)
Developer of highly integrated radio frequency (RF)-based solutions
IPO (TUNE), acquired by Zoran (ZRAN)
www.zoran.com

MIPS Technologies

(MIPS)
Provider of industry-standard 32- and 64-bit embedded RISC processor architectures and cores
IPO (MIPS)
www.mips.com

MMC Networks

(AMCC)
High-performance LAN/WAN switching systems chipsets
IPO (MMCN), acquired by Applied Microcircuits (AMCC)
www.apm.com

Mobile 365

(SAP)
The global leader in mobile messaging and mobile commerce services
Acquired by Sybase (SY), which was then acquired by SAP (SAP)
www.mobile365.com

Motion Computing

Tablet PC's for ultra-mobile computing with Microsoft Windows XP functionality
www.motioncomputing.com

MotoSport

Dirt bike, ATV and sport bike parts, accessories and apparel
www.motosport.com

MySQL

(ORCL)
Developer of the world's most popular open source database
Acquired by Sun Microsystems (JAVA), which was then acquired by Oracle (ORCL)
www.mysql.com

NeoCAD

(XLNX)
Device independent tools for design of FPGAs
Acquired by Xilinx (XLNX)
www.xilinx.com

NeoPhotonics

(NPTN)
Optical communication components
IPO (NPTN)
www.neophotonics.com

Netflix

(NFLX)
The world's leading Internet subscription service for enjoying movies and TV shows
IPO (NFLX)
www.netflix.com

ngmoco

(DeNA)
The leading publisher and developer of social games for iPhone OS devices
Acquired by DeNA (2432)
www.ngmoco.com

Omniture

(ADBE)
The leader in web analytics
Acquired by Adobe (ADBE)
www.omniture.com

One Kings Lane

The leading flash sales site in the home market
www.onekingslane.com

Onebox

(OPWV)
Internet-based messaging, enabling users to access e-mail, voice mail and faxes via a single web site
Acquired by Phone.com (PHCM), which then merged with Openwave Systems (OPWV)
www.openwave.com

Personal Capital

The next-generation financial advisor
www.personalcapital.com

Platinum Software

Mid-range financial reporting software
Changed name to Epicor
www.epicor.com

Polycom

(PLCM)
Developer of high-end speakerphones and video conferencing systems
IPO (PLCM)
www.polycom.com

Quality Semiconductor

(IDTI)
High-performance CMOS logic and memory devices
IPO (QUAL), acquired by Integrated Device Technology (IDTI)
www.idt.com

Quigo

(TWX)
Provider of performance-based contextual marketing solutions for premium-branded websites and advertisers
Acquired by AOL (TWX)
www.quigo.com

Red Pepper Software

(ORCL)
Client-server application software for manufacturing scheduling
Acquired by PeopleSoft (PSFT), which was then acquired by Oracle (ORCL)
www.oracle.com

RGB Networks

Multiscreen IP video delivery and monetization solutions
www.rgbnetworks.com

Seagate Technology

(STX)
Leader in the design, manufacture and marketing of hard disc drives
IPO (STX)
www.seagate.com

Sequent Computer Systems

(IBM)
Multiprocessing computer systems pioneering high-performance symmetric, multiprocessing open systems
IPO (SQNT), acquired by IBM (IBM)
www.ibm.com

Shazam

The world's leading mobile discovery company for music, entertainment and advertizing based on advanced audio recognition technologies
www.shazam.com

SkyStream Networks

(ERIC)
Developer of networking solutions for advanced video compression and Internet Protocol services
Acquired by TANDBERG Television (TAT), which was then acquired by Ericsson (ERIC)
www.skystream.com

Spiceworks

Provider of the first and only social IT management application connecting the world's IT pros and top technology companies
www.spiceworks.com

Stratus Technologies

(ALU)
Provider of fault-tolerant computer servers, technologies and services
IPO, acquired by Ascend Communications Corp. (ASND), which was then acquired by Lucent (LU), which then merged with Alcatel (ALU)
www.alcatel-lucent.com

SuccessFactors

(SFSF)
The global leader in on-demand employee performance and talent management SaaS solutions
www.successfactors.com

Sugar

Online leader in original content, social media and commerce for trendsetting women
www.sugarinc.com

SupportSoft

(SPRT)
Support software that automates and personalizes the service and support to employees, customers, and partners
Changed name to Support.com
www.supportsoft.com

Symyx Technologies

(ACCL)
Developer of high-speed combinatorial technologies for the discovery of new materials
IPO (SMMX), acquired by Accelrys (ACCL)
www.symyx.com

Synchronoss Technologies

(SNCR)
Leading provider of order management and e-commerce fulfillment services to telecommunication service providers
IPO (SNCR)
www.synchronoss.com

SynOptics Communications

(NRTLQ)
LAN hub, switch and network management products
IPO (SNPX), merged with Wellfleet to form Bay Networks, which was then acquired by Nortel Networks (NRTLQ)
www.nortel.com

TelCom Semiconductor

(MCHP)
Analog components for commercial markets
IPO (TLCM), acquired by Microchip Technology (MCHP)
www.microchip.com

Teros

(CTXS)
Develops and delivers an enterprise-grade, application layer security gateway
Acquired by Citrix Systems (CTXS)
www.citrix.com

The Honest Company

A pioneer in providing non-toxic and natural baby and family products online
www.honest.com

TiVo

(TIVO)
The creator of and a leader in television services for digital video recorders (DVRs), enabling consumers to record, watch, and control television
IPO (TIVO)
www.tivo.com

Transmeta

Develops and licenses innovative computing, microprocessor and semiconductor technologies and related intellectual property
IPO (TMTA), acquired by Novafora
www.transmeta.com

Tripwire

Provides enterprise-level, change audit software that allows corporations to monitor and protect critical information
Acquired by Thoma Bravo
www.tripwire.com

Twitter

A real-time information network that connects people to the latest information about what they find interesting
www.twitter.com

Unify

(DAEG)
Application development tools and relational database management systems
IPO (UNFY), then changed name to Daegis (DAEG)
www.unify.com

Varolii

The market and technology leader in proactive outbound communications
www.varolii.com

Verisity

(CDNS)
Functional verification automation solutions to validate complex communications designs and other advanced electronic systems
www.cadence.com

Vonage

(VG)
A leading provider of communications services connecting individuals through broadband devices worldwide
IPO (VG)
www.varolii.com

Voxer

A Walkie Talkie application for smartphones
www.voxer.com

Websense

(WBSN)
Employee Internet management solution enabling businesses to manage how and when employees access the Internet
www.websense.com

WhaleShark Media

The world's leading marketplace for online coupons and deals
www.whalesharkmedia.com

Whistle Communications

(IBM)
Developer of Internet productivity solutions for small businesses
Acquired by IBM (IBM)
www.ibm.com

Yext

Local online advertising company focused on making business listings simple
www.yext.com

Yodlee

Leading provider of next-generation SaaS based online banking and bill payment solutions for consumer finance
www.yodlee.com

Zynga

(ZNGA)
The largest social gaming company
www.zynga.com