Greylock Partners is one of the oldest venture capital firms, founded in 1965, with committed capital of over $3.5 billion under management.[2] The firm focuses on early-stage companies in consumer and enterprise software.
Greylock was founded in 1965 in Cambridge, Massachusetts by Bill Elfers and Dan Gregory, joined shortly thereafter by Charlie Waite. Elfers and Waite had both worked at American Research and Development Corporation. The original capital of $10 million was committed by a group of six families. The company opened a second fund in 1973.[3] The company opened its first office in Silicon Valley in 1999.[2]
Greylock closed its 12th fund in 2005 with $500 million.[3] In 2009, Greylock relocated its headquarters from the original Boston location to Silicon Valley.[4][5] Also in 2009, Greylock opened its 13th fund with $575 million.[6] In 2011, the 13th fund was increased to $1 billion.[7] The company organized a 14th fund in 2013 with $1 billion.[8] The company organized a 15th fund in 2016 with $1 billion.[9] In 2020, it organized a 16th fund with $1 billion,[10] and in 2021, the company raised an additional $500 million for the 16th fund to be used exclusively on seed deals.[11]
In 2014, Greylock launched Communities, a series of networking events centered on areas like design, big data, infrastructure engineering, user growth, data science, and network security. The communities are composed of product managers, engineers, and technologists from Silicon Valley's largest and fastest growing companies who meet once a quarter.[12] Their branch in Israel formerly known as Greylock IL was rebranded as 83north in January 2015.[13]
^ abBuderi, Robert (July 26, 2010). "Greylock's Henry McCance on Why the Firm Moved Its HQ to Silicon Valley and How Boston Must Find Its Google". Xconomy. Retrieved December 28, 2015.
^McBride, Ruan (May 19, 2009). "A Blow to the Boston VC Scene? Greylock Partners Moving HQ to Silicon Valley". Xconomy. Retrieved December 28, 2015.
^Miller, Claire Cain (May 19, 2009). "Is Boston Still a Venture Capital Hotbed?". The New York Times. Retrieved December 28, 2015.
^Miller, Claire Cain (November 2, 2009). "Despite Slump, Venture Firm Sets Up $575 Million Fund". New York Times. Retrieved December 28, 2015.
^Fowler, Nina (September 11, 2013). "Greylock Partners Raises $1BN Fund With Marketplaces and Enterprise in Mind". Archived from the original on November 25, 2014. Retrieved December 28, 2015.
greylock, partners, other, uses, greylock, oldest, venture, capital, firms, founded, 1965, with, committed, capital, over, billion, under, management, firm, focuses, early, stage, companies, consumer, enterprise, software, typeprivateindustryventure, capitalfo. For other uses see Greylock Greylock Partners is one of the oldest venture capital firms founded in 1965 with committed capital of over 3 5 billion under management 2 The firm focuses on early stage companies in consumer and enterprise software Greylock PartnersTypePrivateIndustryVenture CapitalFounded1965Cambridge MassachusettsFounderBill Elfers Dan GregoryHeadquartersMenlo Park California U S 1 Total assets 3 5 billionNumber of employees30 Websitewww greylock com Contents 1 History 2 Investments 3 References 4 External linksHistory edit nbsp Former corporate logo used until 2010 Greylock was founded in 1965 in Cambridge Massachusetts by Bill Elfers and Dan Gregory joined shortly thereafter by Charlie Waite Elfers and Waite had both worked at American Research and Development Corporation The original capital of 10 million was committed by a group of six families The company opened a second fund in 1973 3 The company opened its first office in Silicon Valley in 1999 2 Greylock closed its 12th fund in 2005 with 500 million 3 In 2009 Greylock relocated its headquarters from the original Boston location to Silicon Valley 4 5 Also in 2009 Greylock opened its 13th fund with 575 million 6 In 2011 the 13th fund was increased to 1 billion 7 The company organized a 14th fund in 2013 with 1 billion 8 The company organized a 15th fund in 2016 with 1 billion 9 In 2020 it organized a 16th fund with 1 billion 10 and in 2021 the company raised an additional 500 million for the 16th fund to be used exclusively on seed deals 11 In 2014 Greylock launched Communities a series of networking events centered on areas like design big data infrastructure engineering user growth data science and network security The communities are composed of product managers engineers and technologists from Silicon Valley s largest and fastest growing companies who meet once a quarter 12 Their branch in Israel formerly known as Greylock IL was rebranded as 83north in January 2015 13 Greylock partners include David Sze 14 Reid Hoffman 15 and Mustafa Suleyman 16 Investments editGreylock Partners focuses on the following areas of investment 17 better source needed Artificial intelligence Application software Cryptocurrency Commerce Cybersecurity Data amp Analytics Fintech Health technology Infrastructure Marketplaces Media amp Gaming Observability Social NetworksReferences edit Boston s Greylock Partners moves HQ to Silicon Valley Archived 2009 05 21 at the Wayback Machine a b About Us a b Buderi Robert July 26 2010 Greylock s Henry McCance on Why the Firm Moved Its HQ to Silicon Valley and How Boston Must Find Its Google Xconomy Retrieved December 28 2015 McBride Ruan May 19 2009 A Blow to the Boston VC Scene Greylock Partners Moving HQ to Silicon Valley Xconomy Retrieved December 28 2015 Miller Claire Cain May 19 2009 Is Boston Still a Venture Capital Hotbed The New York Times Retrieved December 28 2015 Miller Claire Cain November 2 2009 Despite Slump Venture Firm Sets Up 575 Million Fund New York Times Retrieved December 28 2015 Fowler Nina September 11 2013 Greylock Partners Raises 1BN Fund With Marketplaces and Enterprise in Mind Archived from the original on November 25 2014 Retrieved December 28 2015 Tomio Geron September 10 2013 Facebook LinkedIn Investor Greylock Partners Raises 1 Billion For 14th Fund Forbes Roof Katie 2016 10 11 Greylock closes 1 billion fund TechCrunch Retrieved 2023 01 31 Greylock Partners Raises 1 Billion for Venture Capital Fund Bloomberg com 2020 09 15 Retrieved 2023 01 31 Greylock Raises 500 Million in Battle for Seed Deals The Information Retrieved 2023 01 31 Rao Leena July 1 2015 Greylock wants techies to schmooze more in person not just online Fortune Retrieved December 28 2015 Orr Hirschauge January 6 2015 Greylock IL Rebrands as 83North Announces a 200 Million Fund Wall Street Journal David Sze 88 B A M B A Yale University 2018 07 03 Retrieved 2023 08 22 Greylock Partners recruits LinkedIn s Reid Hoffman raises 575M fund VentureBeat 2009 11 02 Retrieved 2023 08 22 Hall Christine 2022 01 20 New Greylock venture partner Mustafa Suleyman is looking for AI s next best thing TechCrunch Retrieved 2023 08 22 Portfolio Greylock Retrieved 2023 04 17 External links editGreylock Partners Home Page nbsp nbsp This article about a private equity or venture capital firm based in the United States is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Greylock Partners amp oldid 1177840728, wikipedia, wiki, book, books, library,
