Institutional Venture Partners Promotes Melanie Chladek to Administrative Partner

Menlo Park, Calif. – September 21, 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 Melanie Chladek to the position of Administrative Partner and Chief Financial Officer.  She is responsible for managing the firm’s financial, operational and administrative activities.  Melanie was instrumental in the closing of Institutional Venture Partners XIII, a $750 million later-stage venture capital and growth equity fund, in August.

“Melanie has been an essential part of IVP since 2000.  She has managed the growth of our facilities, personnel and funds under management with tenacity and grace and is an essential and valuable part of our organization,” said Steve Harrick, General Partner of IVP.  “We are very pleased to be able to recognize her important contributions and look forward to her continued success in this new role.”

Prior to joining IVP, Melanie held senior finance positions at NetResults Corporation, Objectivity, Cohesive Network Corporation and Digital Communications Associates.  Melanie is an active member of the NVCA CFO Task Force, the Private Equity CFO Association and VCBC, a 350+ member organization of finance professionals in venture capital and private equity across the United States.  She earned a B.A. from Stanford University and M.B.A. from Santa Clara 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.