Granite Ventures
Private | |
Industry | Private equity |
Founded | 1992 |
Headquarters | San Francisco, California, United States |
Products | Venture capital |
Total assets | $1 billion |
Number of employees | 20+ |
Website | www.graniteventures.com |
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.
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.[1]
Granite's investment professionals include: Chris Hollenbeck, Chris McKay, Standish O'Grady and Eric Zimits.
Investments
Granite has backed such companies as Anaplan, Tumbleweed Communications, Plumtree Software, Sendmail, and Westbridge Technology.
References
- ↑ Granite Ventures II closes on $350m. AltAssets, August 30, 2005
- Granite Ventures breaks with past, forsaking H&Q name. Investment Dealers' Digest, August 14, 2000
External links
- Granite Ventures (company website)