Daniel Barney and Richard Kerby Join Institutional Venture Partners

Menlo Park, Calif. – October 10, 2010 Institutional Venture Partners (IVP), one of the premier later-stage venture capital and growth equity firms, is pleased to announce two new additions to its investment team. Daniel Barney and Richard Kerby join IVP as Associates and will focus on identifying and evaluating later-stage investments in the information technology and digital media sectors.

“We continue to attract exceptional talent, and these recent additions complement our group of professionals very well,” said Dennis Phelps, General Partner. “We are delighted to welcome Daniel and Richard to our team.”

Prior to joining IVP, Daniel worked in the Technology Investment Banking Division of Bank of America Merrill Lynch. Daniel earned a B.S. in Electrical Engineering from Stanford University.

Prior to joining IVP, Richard worked in the Investment Banking Division of Credit Suisse First Boston. Richard earned a B.A. in Economics and Government from Georgetown University.

About Institutional Venture Partners (IVP)
With $3 billion of committed capital, Institutional Venture Partners (IVP) is one of the premier later-stage venture capital and growth equity firms in the United States. The partnership is currently investing IVP XIII, a $750 million later-stage fund focused on investments in rapidly growing technology and digital media companies. Founded in 1980, IVP has invested in over 300 companies, 85 of which have gone public. IVP has a 30 year IRR of 43.2% and is one of the top performing firms in the industry. IVP specializes in venture growth investments, industry rollups, founder liquidity transactions and select public market investments. Since its inception, IVP investments include such notable companies as ArcSight (ARST), 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), HomeAway, Juniper Networks (JNPR), Kayak, LSI Corporation (LSI), Mobile 365 (SY), MySQL (ORCL), Netflix (NFLX), Polycom (PLCM), Quigo (TWX), Seagate (STX), Synchronoss (SNCR), Tivo (TIVO), Twitter, Websense (WBSN) and Zynga. For more information, visit https://www.ivp.com or follow IVP on Twitter: https://twitter.com/ivp.