Investments
38Portfolio Exits
11Funds
4About ITU Ventures
ITU Ventures is the premier venture capital firm serving the unique needs of technology businesses emerging from the nation's leading research universities, federal labs, and technology corporations. ITU Ventures invests in early-stage companies that are commercializing next generation communication and semiconductor-related technologies.
ITU Ventures Headquarter Location
13101 W. Washington Blvd Suite 132
Los Angeles, California, 90066,
United States
ITU Ventures Web Traffic
ITU Ventures Rank
ITU Ventures Investments
38 Investments
ITU Ventures has made 38 investments. Their latest investment was in Comet Solutions as part of their Series B on January 1, 2010.
ITU Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
1/18/2010 | Series B | Comet Solutions | $2M | No | Athenian Venture Partners, Flywheel Ventures, Fort Washington Investment Advisors, Kentucky Co-Investment Partners, New Mexico Angels, New Mexico Co-Investment Partners LP, and Tri-State Growth Capital Fund | |
9/14/2009 | Series C - II | Pivotal Systems | $11.05M | No | Enterprise Partners Venture Capital, TL Ventures, and U.S. Venture Partners | 1 |
1/13/2009 | Series C | Pivotal Systems | $3M | No | Enterprise Partners Venture Capital, TL Ventures, and U.S. Venture Partners | |
1/11/2008 | Series C | |||||
12/18/2007 | Series A |
Date | 1/18/2010 | 9/14/2009 | 1/13/2009 | 1/11/2008 | 12/18/2007 |
|---|---|---|---|---|---|
Round | Series B | Series C - II | Series C | Series C | Series A |
Company | Comet Solutions | Pivotal Systems | Pivotal Systems | ||
Amount | $2M | $11.05M | $3M | ||
New? | No | No | No | ||
Co-Investors | Athenian Venture Partners, Flywheel Ventures, Fort Washington Investment Advisors, Kentucky Co-Investment Partners, New Mexico Angels, New Mexico Co-Investment Partners LP, and Tri-State Growth Capital Fund | Enterprise Partners Venture Capital, TL Ventures, and U.S. Venture Partners | Enterprise Partners Venture Capital, TL Ventures, and U.S. Venture Partners | ||
Sources | 1 |
ITU Ventures Portfolio Exits
11 Portfolio Exits
ITU Ventures has 11 portfolio exits. Their latest portfolio exit was Luxtera on December 18, 2018.
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 |
|---|---|---|---|---|---|
12/18/2018 | Acquired | 16 | |||
9/25/2018 | Acquired | Aras | 2 | ||
7/2/2018 | IPO | Public | |||
Date | 12/18/2018 | 9/25/2018 | 7/2/2018 | ||
|---|---|---|---|---|---|
Exit | Acquired | Acquired | IPO | ||
Companies | |||||
Valuation | |||||
Acquirer | Aras | Public | |||
Sources | 16 | 2 |
ITU Ventures Fund History
4 Fund Histories
ITU Ventures has 4 funds, including ITU Ventures Fund III.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
2/21/2006 | ITU Ventures Fund III | Early-Stage Venture Capital | $120M | 1 | |
12/31/2002 | ITU Ventures WEST I LP | ||||
12/31/2001 | ITU Ventures Colorado | ||||
12/10/2000 | ITU Ventures I LP |
Closing Date | 2/21/2006 | 12/31/2002 | 12/31/2001 | 12/10/2000 |
|---|---|---|---|---|
Fund | ITU Ventures Fund III | ITU Ventures WEST I LP | ITU Ventures Colorado | ITU Ventures I LP |
Fund Type | Early-Stage Venture Capital | |||
Status | ||||
Amount | $120M | |||
Sources | 1 |
ITU Ventures Team
6 Team Members
ITU Ventures has 6 team members, including current Chief Financial Officer, Leslie E Bider.
Name | Work History | Title | Status |
|---|---|---|---|
Leslie E Bider | Elevation Partners | Chief Financial Officer | Current |
Chad Brownstein | PCG Ventures | Managing Director | Current |
Jonah Schnel | Managing Director | Current | |
Steve Schneider | Chief Financial Officer | Former | |
Larry Hitchcock | Managing Director | Former |