Predict your next investment

Venture Capital
ctventures.com

See what CB Insights has to offer

Investments

79

Portfolio Exits

13

Funds

2

About California Technology Ventures

California Technology Ventures, LLC (CTV) is a venture capital fund that makes direct investments in technology and life science companies.

California Technology Ventures Headquarter Location

670 North Rosemead Blvd, Suite 201

Pasadena, California, 91107,

United States

(626) 351-3700

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest California Technology Ventures News

MariaDB Completes Series C Funding Led by Alibaba Group, Finishing 2017 With $54M in Global Investment

Nov 1, 2017

Funding from Alibaba and European Investment Bank accelerates worldwide opportunity for MariaDB as the open source database standard MENLO PARK, CA and HELSINKI, FINLAND--(Marketwired - Nov 1, 2017) - MariaDB® Corporation , the company behind the fastest growing open source database, today announced that it raised $27 million in an investment led by Alibaba Group, with participation from existing investors Intel Capital, California Technology Ventures, Tesi, SmartFin Capital and Open Ocean. Combined with a recent $27 million investment from the European Investment Bank (EIB), this latest capital brings MariaDB's total funding this year to $54 million. MariaDB will continue its collaboration with Alibaba Cloud, the cloud computing arm of Alibaba Group, to deliver new solutions for the cloud and emerging use cases. MariaDB reaches more than 60 million developers worldwide through its inclusion in every major Linux distribution, as well as a growing presence in the world's major cloud providers. The latest investments reflect the rising interest in MariaDB from every commercial region around the world. Tweet this: #MariaDB closes funding round led by @AlibabaGroup to accelerate global growth of MariaDB #database solutions. http://bit.ly/2xBycYo "Companies around the world are standardizing on open source for modern application development," said Michael Howard, CEO of MariaDB Corporation. "From global banks to leading telecommunication companies, MariaDB is selected over proprietary offerings for its complete set of database features built for the next generation of applications. This investment allows MariaDB to further accelerate growth, while delivering new solutions for the cloud and automation through machine learning." MariaDB's open source model and active community participation enable the company to iterate more quickly and add new industry-leading capabilities faster than closed, proprietary software vendors like Oracle. Technology giants Alibaba, Facebook, Tencent and others have collaborated with MariaDB to develop and incorporate significant features, including multi-source replication, encryption, point-in-time rollback and more that address new and emerging challenges and opportunities. Alibaba Cloud is a valued MariaDB contributor and user. MariaDB and Alibaba Cloud companies have worked closely together to enhance features of products such as AliSQL, a cloud-friendly open source project that enables Alibaba's work with MariaDB. "MariaDB is becoming the gold standard for enterprise-grade open source databases," said Jin Li, Vice President of Alibaba Cloud. "We believe that the symbiotic relationships found in the open source community contribute to the success of both MariaDB's database technology and our cloud platform, and we have an opportunity to build some truly innovative solutions for cloud, on premise and hybrid deployments." MariaDB Empowers Mobility in the Cloud With the widespread adoption of cloud architectures, comes increasing concern that cloud vendor lock-in brings the same lack of choice as proprietary systems. In contrast, MariaDB is deployment agnostic, free from cloud vendor lock-in and engineered to handle transactional, analytical, and web-scale workloads across any public, private or hybrid topology. MariaDB's mobility affords customers unparalleled flexibility and power with a best-of-breed, open source database. Record MariaDB Business Growth Today's global investment news comes on the heels of a momentous 2017 fiscal year, which ended September 30, with record business growth. Rapid Revenue Expansion: MariaDB ended the fiscal year and last quarter with historical revenue gains. The average deal size doubled as customers deployed MariaDB across growing segments of their business, including the first enterprise-wide replacement and migration from Oracle Enterprise to MariaDB. New Database Solution Offerings: In 2017, MariaDB continued its track record of innovative development through the availability of two new database solution offerings: MariaDB TX , a complete database solution for transactional workloads, and MariaDB AX , a modern data warehousing solution for high-performance analytics. Debuted Inaugural MariaDB User Conference: In April, MariaDB hosted its first-ever annual user conference to address the fast growing business usage of MariaDB. With participation from hundreds of customers, partners and developers from around the world, the conference reflected MariaDB's growing global presence in the enterprise. As a general purpose database, MariaDB has been deployed to support a wide range of applications in every industry, from credit card transactions and investment applications in banking, to customer phone data and billing applications in telecom, to inventory, purchases and order fulfillment applications in e-commerce. With the ability to fulfill any transactional or analytical workload, MariaDB supports the most critical applications at companies around the world. Its widespread use across Linux distributions and cloud platforms, as well as its ease of use, have quickly made MariaDB the open source database standard for the modern enterprise. Additional Resources

California Technology Ventures Investments

79 Investments

California Technology Ventures has made 79 investments. Their latest investment was in OrthAlign as part of their Series E - II on September 9, 2020.

CBI Logo

California Technology Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/2/2020

Series E - II

OrthAlign

$11.23M

No

1

8/24/2020

Series D - II

Clearflow

$7.51M

No

1

2/6/2020

Series B - II

CyMedica Orthopedics

$2.11M

No

1

12/18/2019

Series B - III

Subscribe to see more

$99M

Subscribe to see more

10

6/6/2019

Series B

Subscribe to see more

$99M

Subscribe to see more

10

Date

9/2/2020

8/24/2020

2/6/2020

12/18/2019

6/6/2019

Round

Series E - II

Series D - II

Series B - II

Series B - III

Series B

Company

OrthAlign

Clearflow

CyMedica Orthopedics

Subscribe to see more

Subscribe to see more

Amount

$11.23M

$7.51M

$2.11M

$99M

$99M

New?

No

No

No

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

1

1

10

10

California Technology Ventures Portfolio Exits

13 Portfolio Exits

California Technology Ventures has 13 portfolio exits. Their latest portfolio exit was Education on November 18, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

11/18/2019

Acquired

$99M

1

11/16/2015

Acquired

$99M

4

6/30/2014

Acquired

$99M

2

8/26/2013

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

4/23/2013

Merger

Subscribe to see more

$99M

Subscribe to see more

10

Date

11/18/2019

11/16/2015

6/30/2014

8/26/2013

4/23/2013

Exit

Acquired

Acquired

Acquired

Acquired

Merger

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

1

4

2

10

10

California Technology Ventures Fund History

2 Fund Histories

California Technology Ventures has 2 funds, including California Technology Ventures II.

Closing Date

Fund

Fund Type

Status

Amount

Sources

2/1/2006

California Technology Ventures II

Early-Stage Venture Capital

Closed

$100M

1

5/31/2000

California Technology Ventures I

Subscribe to see more

Subscribe to see more

$99M

10

Closing Date

2/1/2006

5/31/2000

Fund

California Technology Ventures II

California Technology Ventures I

Fund Type

Early-Stage Venture Capital

Subscribe to see more

Status

Closed

Subscribe to see more

Amount

$100M

$99M

Sources

1

10

California Technology Ventures Team

5 Team Members

California Technology Ventures has 5 team members, including current Managing Director, William A. Hanna.

Name

Work History

Title

Status

William A. Hanna

Managing Director

Current

Alexander B. Suh

Managing Director

Current

Joseph J Jacobs

Managing Director

Former

Gary S Lazar

Managing Director

Former

Dorothy Pavloff

Managing Director

Former

Name

William A. Hanna

Alexander B. Suh

Joseph J Jacobs

Gary S Lazar

Dorothy Pavloff

Work History

Title

Managing Director

Managing Director

Managing Director

Managing Director

Managing Director

Status

Current

Current

Former

Former

Former

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.