Menlo Park, CA, May 3, 2012 – 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 Steve Harrick have been named to the prestigious Forbes Midas List of the Top 100 Tech Investors. The Midas List identifies the venture capitalists who are providing the best returns for their investors, while helping create the most valuable and impactful technology and life science companies. Mr. Chaffee was ranked number 11 , Mr. Miller was number 16, and Mr. Harrick was Number 79. IVP is one of the top performing firms in the venture capital industry. IVP has backed well-known companies such as Netflix, Polycom, and Tivo and has invested in several high profile Internet companies including Dropbox, HomeAway, Kayak, LegalZoom, LivingSocial, Twitter, and Zynga.
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, Domo, Digital River, Epiphany, Extensity, HomeAway, InphoMatch, Inspirato, Kayak, LivingSocial, LoopNet, Mobile 365, Mobileway, Netflix, Nuance Communications, Omniture, Open Market, Trintech, Twitter, VeriSign, Verisity, 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 20 public, private, and philanthropic boards. Sandy has led investments in Carbonite, Clearspring Technologies, Constant Contact, Data Domain, FleetMatics, LiveOps, Merchant e-Solutions, Ngmoco, One Kings Lane, Placeware, SkyStream Networks, US Internetworking, 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 BA from the University of Virginia (Phi Beta Kappa), an MBA from Stanford Business School, and a JD from Stanford Law School.
About Steve Harrick
Steve joined IVP as a General Partner in October 2001. He has more than 14 years of venture capital experience. Steve has led investments in Aster Data Systems, Business.com, CafePress, ConnectAndSell, eHealth, Eucalyptus, LegalZoom, MarkMonitor, MySQL, Personal Capital, RGB Networks, Spiceworks, Teros, Tripwire, Varolii, and WebEx. Before joining IVP, Steve worked for the Internet Capital Group (ICG) as Vice President of Acquisitions. Prior to ICG, Steve worked for Highland Capital Partners in Boston, Massachusetts. Before entering the venture capital industry in 1997, Steve worked in new business development for Netscape Communications and as a Financial Analyst in mergers and acquisitions for Morgan Stanley. Steve earned a B.A. in History from Yale University and an M.B.A. from Harvard Business School.
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 media companies. Founded in 1980, IVP has invested in over 300 companies, 90 of which have gone public. IVP is one of the top performing firms in the industry and has a 31 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 ArcSight (HPQ), Aspect Communications, ComScore (SCOR), Concur Technologies (CNQR), Digital River (DRIV), Dropbox, HomeAway (AWAY), Juniper Networks (JNPR), Kayak, LegalZoom, LivingSocial, MySQL (ORCL), Netflix (NFLX), Polycom (PLCM), Seagate (STX), Shazam, Synchronoss (SNCR), Tivo (TIVO), Twitter, and Zynga (ZNGA). For more information, visit https://www.ivp.com or follow IVP on Twitter: https://twitter.com/ivp.