Menlo Park, CA, July 1, 2014 – Institutional Venture Partners (IVP), one of the premier later-stage venture capital and growth equity firms, is pleased to announce that it has promoted Kelly O’Kane and Parsa Saljoughian to Senior Associate.
“Kelly and Parsa are great contributors to the IVP team. These promotions are well deserved and reflect the ongoing growth of the firm as we continue to invest IVP XIV, a $1 billion fund,” said Dennis Phelps, General Partner.
Kelly O’Kane joined IVP in August of 2012. She focuses primarily on identifying and evaluating later-stage investments within the information technology and digital media sectors. Kelly worked on IVP’s investments in Dataminr, Progreso Financiero, Prosper, TuneIn, Zendesk (ZEN), and ZEFR, and is also actively involved with FleetMatics (FLTX), LegalZoom, LivingSocial, and POPSUGAR. Prior to joining IVP, Kelly worked in the technology investment banking division of Piper Jaffray. Kelly graduated summa cum laude with a B.A. in Finance from the Eugene M. Isenberg School of Management at the University of Massachusetts Amherst.
Parsa Saljoughian joined IVP in August of 2012. He focuses primarily on identifying and evaluating later-stage investments in the information technology and digital media sectors. Parsa worked on IVP’s investments in AdRoll, Datalogix, Dropcam, Indiegogo, SoundCloud, Supercell, and Wikia, and is also actively involved with Aerohive Networks (HIVE), Cortina Systems, Twitter (TWTR), and Yodlee. Prior to joining IVP, Parsa worked at ThinkEquity LLC, a full-service technology-focused investment bank. Parsa earned a B.S. with Highest Honors in Business Administration from the Haas School of Business at the University of California, Berkeley.
In 2014 to date, IVP has had three IPOs, including Care.com (CRCM), Aerohive (HIVE), and MobileIron (MOBL), one M&A event with Nest announcing the acquisition of Dropcam, and the firm also added eight new portfolio companies into IVP XIV, a $1 billion fund. As an investor in high profile companies, such as Dropbox, HomeAway, Snapchat, Supercell, and Twitter, IVP remains committed to its focused strategy of supporting rapidly-growing technology and media companies and partnering closely with exceptional management teams.
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, 99 of which have gone public. IVP is one of the top-performing firms in the industry and has a 33-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), Concur Technologies (CNQR), Dropbox, Dropcam, Fleetmatics (FLTX), HomeAway (AWAY), Juniper Networks (JNPR), Kayak (PCLN), LegalZoom, LifeLock (LOCK), Marketo (MKTO), MySQL (ORCL), Netflix (NFLX), ngmoco (DeNA), Polycom (PLCM), Pure Storage, RetailMeNot (SALE), Seagate (STX), Shazam, Snapchat, Supercell, Synchronoss (SNCR), Tivo (TIVO), Twitter (TWTR), and Zynga (ZNGA). For more information, visit http://www.ipv.com or follow IVP on Twitter: @ivp.