Menlo Park, Calif. – September 15, 2016 – IVP, a premier later-stage venture capital and growth equity firm, is pleased to announce a new addition to its investment team. Armaan Ali joins IVP as an Associate and will focus on identifying and evaluating later-stage enterprise software, Internet and digital media, and mobile investments.
“We continue to attract exceptional talent and Armaan is a great addition to our team,” said Jules Maltz, General Partner. “We are incredibly impressed with his passion for both growth stage technology companies and the venture capital industry. We are delighted to welcome Armaan to the firm.”
Prior to joining IVP, Armaan worked at Qatalyst Partners, a technology-focused boutique investment bank located in San Francisco. His transaction experience includes Concur’s $8.3Bn sale to SAP, HomeAway’s $3.9Bn sale to Expedia, Aruba’s $3.0Bn sale to HP, Xoom’s $1.1Bn sale to PayPal, Twitch’s $970MM sale to Amazon.com, and Pentaho’s sale to Hitachi Data Systems. Armaan graduated from New York University, where he received a double B.S. in Finance and Information Systems from the Leonard N. Stern School of Business along with a joint minor in Computer Science and Mathematics from the College of Arts and Sciences.
IVP is currently investing IVP XV, a $1.4 billion later-stage venture capital and growth equity fund, and manages $5.4 billion in committed capital. As an investor in innovative companies such as AppDynamics, Domo, Dropbox, The Honest Company, Slack, Snapchat, Supercell, and Twitter, IVP remains committed to its focused strategy of supporting innovation at the growth stage and partnering closely with exceptional management teams. IVP is typically a lead investor in later-stage rounds with equity investments ranging from $10 to $100 million.
With $5.4 billion of committed capital, IVP is one of the premier later-stage venture capital and growth equity firms in the United States. Founded in 1980, IVP has invested in over 300 companies and 103 have gone public. IVP is one of the top-performing firms in the industry and has a 35-year IRR of 43.2%. IVP specializes in venture growth investments, industry rollups, founder liquidity transactions, and select public market investments. IVP investments include such notable companies as AppDynamics, ArcSight (HPQ), Business Insider (Axel Springer), Buddy Media (CRM), ComScore (SCOR), Datalogix (ORCL), Domo, Dropbox, Dropcam (GOOG), Fleetmatics (FLTX), GitHub, HomeAway (AWAY), The Honest Company, Kayak (PCLN), Klarna, LegalZoom, LifeLock (LOCK), Marketo (MKTO), MySQL (ORCL), Netflix (NFLX), Omniture (ADBE), OnDeck (ONDK), Prosper, Pure Storage (PSTG), Shazam, Slack, Snapchat, SoFi, SoundCloud, Supercell (SoftBank), Synchronoss (SNCR), Tanium, Twitter (TWTR), and Zynga (ZNGA). For more information, visit www.ivp.com or follow IVP on Twitter: @ivp.