Menlo Park, CA, March 25, 2015 – Institutional Venture Partners (IVP), one of the premier later-stage venture capital and growth equity firms, is pleased to announce that General Partners Todd Chaffee, Sandy Miller, and Dennis Phelps have been named to the prestigious Forbes Midas List of the Top 100 Tech Investors. The Midas List identifies the venture capitalists who are generating exceptional returns for their investors while helping create the most impactful and valuable companies. Mr. Chaffee is ranked #31, Mr. Miller #71, and Mr. Phelps #78. Todd has been included on all the Midas Lists since 2009. Sandy is one of only eight venture capitalists who have been on all the Midas Lists since 2007. Dennis returned for the second time to the Midas List. IVP is one of the top performing firms in the venture capital industry and an investor in innovative companies, such as AppDynamics, Dropbox, OnDeck, Pure Storage, Shazam, Snapchat, SoFi, Supercell, The Honest Company, and Twitter. The firm is committed to its focused strategy of investing in rapidly-growing technology and media companies and partnering closely with exceptional management teams.
About Todd Chaffee
Todd joined IVP as a General Partner in March 2000. He has more than 25 years of operating and investment experience. Todd has led investments in Akamai, ArcSight, Ariba, Business Insider, ComScore, CyberSource, Digital River, Domo, Epiphany, Extensity, General Assembly, Hipmunk, HomeAway, InphoMatch, Inspirato, Kayak, Klarna, LivingSocial, LoopNet, Mobile 365, Mobileway, Netflix, Nuance Communications, Omniture, Open Market, Pandora, Trintech, Twitter, VeriSign, Verisity, Whip Networks, and Yahoo. Prior to IVP, he was Executive Vice President of Visa where his responsibilities included overseeing the Advanced Technology, Strategic Planning, Corporate Development, and Equity Investment divisions. He was also the President of Visa Marketplace Inc. (Visa’s investment subsidiary) and managed Visa’s global technology investment portfolio. Todd earned a B.S. with honors from the University of Minnesota Carlson Business School. He also completed the Stanford Graduate Business School Advanced Management Program and the Harvard Business School Venture Capital Program.
About Sandy Miller
Sandy joined IVP as a General Partner in April 2006. He has more than 35 years of venture capital and technology investment banking experience and has served on over 25 public, private, and philanthropic boards. Sandy has led investments in AddThis, Carbonite, Care.com, Constant Contact, Data Domain, Datalogix, FleetMatics, LiveOps, Merchant e-Solutions, Ngmoco, OnDeck, One Kings Lane, Placeware, Prosper, SkyStream Networks, SoFi, Supercell, US Internetworking, Vonage, and Zynga. He co-founded Thomas Weisel Partners and then ran U.S. later-stage venture investing at 3i, a global investment firm. He was also a Managing Director at Montgomery Securities, Merrill Lynch, and DLJ, and a strategy consultant at Bain. Sandy earned a B.A. from the University of Virginia (Phi Beta Kappa), an M.B.A. from Stanford Business School, and a J.D. from Stanford Law School.
About Dennis Phelps
Dennis joined IVP in October 2001. He has 20 years of experience in technology-related finance. Dennis has led investments in Advent Software, Chordiant Software, DoubleVerify, Dropcam, Klout, LifeLock, POPSUGAR, Quigo Technologies, Shazam, Snapchat, SoundCloud, SuccessFactors, SupportSoft, Synchronoss Technologies, The Honest Company, Voxer, xAd, Yext, Yodlee, and ZEFR. Prior to IVP, Dennis spent several years with Battery Ventures and the Internet Capital Group (ICG). Earlier in his career, Dennis worked in corporate finance with Hambrecht & Quist. Dennis earned a B.A. with honors in Government & Economics from Dartmouth College.
About Institutional Venture Partners (IVP)
With $4 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. Founded in 1980, IVP has invested in over 300 companies, 101 of which have gone public. IVP is one of the top-performing firms in the industry and has a 34-year IRR of 43.2%. 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 AppDynamics, ArcSight (HPQ), Buddy Media (CRM), ComScore (SCOR), Datalogix (ORCL), Dropbox, Dropcam (GOOG), Fleetmatics (FLTX), HomeAway (AWAY), Kayak (PCLN), LegalZoom, LifeLock (LOCK), Marketo (MKTO), MySQL (ORCL), ngmoco (DeNA), OnDeck (ONDK), Pure Storage, RetailMeNot (SALE), Shazam, Snapchat, Supercell, Synchronoss (SNCR), The Honest Company, Twitter (TWTR), and Zynga (ZNGA). For more information, visit https://www.ivp.com or follow IVP on Twitter: @ivp.