Institutional Venture Partners Promotes Jules Maltz to Principal

Menlo Park, Calif. – January 13, 2010 – Institutional Venture Partners (IVP), one of the premier later-stage venture capital and growth equity firms, is pleased to announce that it has promoted Jules Maltz to the position of Principal. As a Principal, Jules will continue to identify and evaluate investment opportunities in rapidly-growing Internet and software companies.

“We are grateful for Jules’ contribution to the IVP team. Since joining IVP in August 2008 as a Vice President, Jules has been actively involved in several key investments such as Spiceworks, Twitter and Yext,” said Sandy Miller, General Partner.

“I am excited to be a part of the IVP team. It is an amazing time to be involved in later-stage investing, especially focusing on Internet and software startups. I look forward to working with many more great entrepreneurs and innovative companies in the future,” said Jules Maltz, Principal.

Prior to IVP, Jules worked for 3i, a leading global venture capital firm. He evaluated early and later-stage Internet, mobile, and software investments, completing deals for several companies, including BlueLithium, Fotolog, Omniture (OMTR) and Trovix. Jules also worked in business development for AdMob, a mobile advertising provider, and co-founded AdNectar, a social media advertising startup. Earlier in his career, Jules was in technology investment banking with Robertson Stephens and Banc of America Securities.

Jules has an MBA from Stanford University, where he was a Siebel Scholar and an Arjay Miller Scholar. He also graduated magna cum laude with a B.A. in Economics from Yale University.

About Institutional Venture Partners (IVP)
With more than $2.2 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 XII, a $600 million later-stage fund focused on investments in rapidly-growing technology and media companies. Founded in 1980, IVP has a 28-year IRR of 43.2% and has invested in over 300 companies, 85 of which have gone public. IVP specializes in venture growth investments, industry rollups, founder liquidity transactions and select public market investments. Since its inception, IVP has invested in such notable companies as ArcSight (ARST), Ask Jeeves (IACI), 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), LSI Corporation (LSI), Mobile 365 (SY), MySQL (JAVA), Netflix (NFLX), Polycom (PLCM), Quigo (TWX), Seagate (STX), Synchronoss (SNCR), Tivo (TIVO), Twitter, Websense (WBSN) and Zynga. For more information, visit www.ivp.com or follow IVP on Twitter: https://twitter.com/ivp.