Kelly O’Kane and Parsa Saljoughian Join Institutional Venture Partners

Menlo Park, Calif. – September 10, 2012 – Institutional Venture Partners (IVP), a premier later-stage venture capital and growth equity firm, is pleased to announce two new additions to its investment team. Kelly O’Kane and Parsa Saljoughian join IVP as Associates and will focus on identifying and evaluating later-stage investments within the information technology and digital media sectors.

In June, IVP announced the closing of IVP XIV, a $1 billion later-stage venture capital and growth equity fund. The new fund is the largest in IVP’s 32-year history and will be dedicated to investing in three target sectors: Internet and Digital Media, Enterprise IT, and Mobile & Communications. IVP is frequently the growth stage partner of choice for entrepreneurs, helping businesses to scale operations and transform their respective markets. IVP is typically a lead investor and commits $10-100 million in invested capital per company.

“We continue to attract exceptional talent, and Parsa and Kelly complement our group of professionals very well,” said Steve Harrick, General Partner. “We are delighted to welcome them to our Partnership.”

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 at Berkeley.

Prior to joining IVP, Kelly worked in the Technology Investment Banking Division of Piper Jaffray. Kelly earned a B.A. in Finance from the Eugene M. Isenberg School of Management at the University of Massachusetts Amherst.

About Institutional Venture Partners (IVP)
With $4 billion of committed capital, Institutional Venture Partners (IVP) is a premier later-stage venture capital and growth equity firm in the United States. Founded in 1980, IVP has invested in over 300 companies, 91 of which have gone public. IVP is one of the top performing firms in the industry and has a 32-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), Buddy Media (CRM), ComScore (SCOR), Concur Technologies (CNQR), Dropbox, HomeAway (AWAY), Juniper Networks (JNPR), Kayak (KYAK), LegalZoom, LifeLock, LivingSocial, Marketo, MySQL (ORCL), Netflix (NFLX), Polycom (PLCM), Seagate (STX), Shazam, Synchronoss (SNCR), Tivo (TIVO), Twitter, and Zynga (ZNGA). For more information, visit or follow IVP on Twitter: