Leading Later-Stage Venture Capital and Growth Equity Firm Invests for Future
Menlo Park, Calif. – September 6, 2017 – IVP, a premier later-stage venture capital and growth equity firm, is pleased to announce four new additions to its team:
- Kelly O’Kane, Vice President of Business Development
- Parsa Saljoughian, Vice President
- Chloe Breider, Associate
- Jason Kong, Associate
“Kelly and Parsa were both Senior Associates at IVP prior to completing the M.B.A. program at the Stanford Graduate School of Business,” said Todd Chaffee, General Partner. “Their return to the firm, as well as the new additions of Chloe and Jason, are a testament to IVP’s ability to attract and retain the best and brightest talent in Silicon Valley.”
Kelly O’Kane is returning to IVP as its first Vice President of Business Development. She will be responsible for creating and managing new external outreach programs that leverage IVP’s extensive resources and relationships to benefit the firm’s portfolio companies and Limited Partners. Before graduating from the Stanford GSB, Kelly worked as a Senior Associate at IVP, as an Analyst in the technology investment banking division of Piper Jaffray, consulted on business operations for Oportun and LendUp, and 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 is returning to IVP as a Vice President on the investment team. He will focus on identifying and evaluating later-stage investments in high growth companies across a variety of sectors including enterprise software, Internet, digital media, and mobile. Prior to graduating from the Stanford GSB, Parsa worked as a Growth Product Manager at Snap, as a Senior Associate at IVP, and as an Analyst in the technology investment banking division of ThinkEquity LLC. Parsa earned a B.S. with Highest Honors in Business Administration from the University of California, Berkeley and an M.B.A. from the Stanford Graduate School of Business.
Chloe Breider and Jason Kong join IVP from Goldman Sachs and Morgan Stanley, respectively. Prior to Goldman Sachs, Chloe graduated Cum Laude from Wellesley College with a B.A. degree in Economics and was captain of the varsity soccer team. Prior to Morgan Stanley, Jason graduated Summa Cum Laude from the University of Pennsylvania where he earned M.S. and B.A.S. degrees in Computer Science from Penn Engineering, as well as a B.S. in Economics from Wharton.
IVP is currently investing IVP XV, a $1.4 billion later-stage venture capital and growth equity fund, and manages $5.4 billion in committed capital. As an investor in innovative companies such as AppDynamics, Domo, Dropbox, The Honest Company, Slack, Snap, Supercell, Twitter, and ZipRecruiter, IVP remains committed to its focused strategy of supporting innovation at the growth stage and partnering closely with exceptional management teams in the consumer and enterprise sectors. IVP is one of the top performing firms in the venture capital industry, typically serving as a lead investor in later-stage rounds with equity investments ranging from $10 to $100 million.
About IVP
With $5.4 billion of committed capital, 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, 106 of which have gone public. IVP is one of the top-performing firms in the industry and has a 36-year IRR of 43.2%. IVP specializes in venture growth investments, industry rollups, founder liquidity transactions, and select public market investments. IVP investments include such notable companies as AppDynamics (CSCO), Business Insider (Axel Springer), Buddy Media (CRM), Casper, Compass, Datalogix (ORCL), Domo, Dropbox, Dropcam (GOOG), Fleetmatics (FLTX), GitHub, HomeAway (AWAY), The Honest Company, Kayak (PCLN), Klarna, LegalZoom, LifeLock (LOCK), Marketo (MKTO), Mindbody (MB), MySQL (ORCL), Netflix (NFLX), Omniture (ADBE), Personal Capital, Pure Storage (PSTG), Slack, Snap (SNAP), SoFi, Supercell (SoftBank), Synchronoss (SNCR), Tanium, Twitter (TWTR), Yext (YEXT), ZipRecruiter, and Zynga (ZNGA). For more information, visit www.ivp.com or follow IVP on Twitter: @ivp.