Granite Ventures

Granite Ventures is a venture capital firm with offices in San Francisco, California. Granite's predecessor H&Q Venture Associates, founded in 1992, was the venture capital investment arm of Hambrecht & Quist, a leading technology oriented investment bank. Granite completed a spinout from H&Q when the bank was sold to Chase Manhattan Bank in 1999.^[1]

Granite Ventures

Company type	Private
Industry	Private equity
Founded	1992; 32 years ago (1992)
Headquarters	San Francisco, California, United States
Products	Venture capital
Total assets	US$1,000,000,000
Number of employees	20+
Website	granitevc.com

Since its founding, Granite has raised over $1 billion in investor commitments and has invested in more than 90 companies. In 2005, the firm raised Granite Ventures II, its second fund since completing its spinout in 2000, with $350 million of investor commitments.^[2]

Granite's investment professionals include: Chris Hollenbeck, Chris McKay, Standish O'Grady and Eric Zimits.^{[citation needed]}

Investments

Granite has backed such companies as Anaplan, Tumbleweed Communications, Plumtree Software, Sendmail, Workboard, and Westbridge Technology.

Its investments also include Airbnb,^[3] Aspen Avionics,^{[citation needed]} HyTrust,^[4] Lucidworks,^{[citation needed]} Survios,^{[citation needed]} and Telltale Games.^{[citation needed]}

References

1. Primack, Dan (14 August 2000). "Granite Ventures breaks with past, forsaking H&Q name". Investment Dealers' Digest. Retrieved 28 December 2016.
2. "Granite Ventures II closes on $350m". AltAssets. 30 August 2005. Retrieved 28 December 2016.
3. Thomas, Owen. "Airbnb Is Turning Itself Into A Local-Business Guide". Business Insider. Retrieved 2019-04-17.
4. "HyTrust Receives Investment from CIA's Venture Capital Arm". www.securityweek.com. 2013-07-16. Retrieved 2019-04-17.

External links

• Official website