Predict your next investment

Venture Capital
psinet.com

See what CB Insights has to offer

Investments

47

Portfolio Exits

15

Funds

1

Partners & Customers

1

About PSINet Ventures

PSINet Ventures is the corporate ventures branch of PSINet Inc, an internet carrier.

PSINet Ventures Headquarter Location

1015 31st Street NW

Washington, DC, 20007,

United States

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.

PSINet Ventures Investments

47 Investments

PSINet Ventures has made 47 investments. Their latest investment was in Marathon Technologies as part of their Series B - III on February 2, 2010.

CBI Logo

PSINet Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/18/2010

Series B - III

Marathon Technologies

$6.5M

No

Atlas Venture, Bain Capital, GE Capital, General Electric, Glouston Capital Partners, Green Mountain Capital, Lightspeed Venture Partners, Longworth Venture Partners, Permal Group, Presidio Ventures, Saturn Partners, Sierra Ventures, STEP-Note, and StoneGate Partners

10/13/2005

Series C

Synaptic Digital

$10.65M

No

Apax Partners, Ascend Venture Group, Barn Ventures, Battery Ventures, Boldcap Ventures, CEI Ventures, Coastal Ventures, Hearst, Hearst Ventures, New York Community Investment Company, Primary Venture Partners, Softbank Capital, and Village Ventures

2/1/2001

Growth Equity

DeCorp

Yes

Undisclosed Investors

1

12/12/2000

Unattributed VC - III

Subscribe to see more

$99M

Subscribe to see more

10

11/16/2000

Unattributed VC

Subscribe to see more

$99M

Subscribe to see more

10

Date

2/18/2010

10/13/2005

2/1/2001

12/12/2000

11/16/2000

Round

Series B - III

Series C

Growth Equity

Unattributed VC - III

Unattributed VC

Company

Marathon Technologies

Synaptic Digital

DeCorp

Subscribe to see more

Subscribe to see more

Amount

$6.5M

$10.65M

$99M

$99M

New?

No

No

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Atlas Venture, Bain Capital, GE Capital, General Electric, Glouston Capital Partners, Green Mountain Capital, Lightspeed Venture Partners, Longworth Venture Partners, Permal Group, Presidio Ventures, Saturn Partners, Sierra Ventures, STEP-Note, and StoneGate Partners

Apax Partners, Ascend Venture Group, Barn Ventures, Battery Ventures, Boldcap Ventures, CEI Ventures, Coastal Ventures, Hearst, Hearst Ventures, New York Community Investment Company, Primary Venture Partners, Softbank Capital, and Village Ventures

Undisclosed Investors

Sources

1

10

10

PSINet Ventures Portfolio Exits

15 Portfolio Exits

PSINet Ventures has 15 portfolio exits. Their latest portfolio exit was MovieWeb on September 10, 2021.

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

9/10/2021

Acquired

Valnet

1

9/26/2012

Acquired

Definition 6

9/25/2012

Acquired

Stratus Technologies

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

Date

9/10/2021

9/26/2012

9/25/2012

00/00/0000

00/00/0000

Exit

Acquired

Acquired

Acquired

Subscribe to see more

Subscribe to see more

Companies

Subscribe to see more

Subscribe to see more

Valuation

Acquirer

Valnet

Definition 6

Stratus Technologies

Subscribe to see more

Subscribe to see more

Sources

1

10

10

PSINet Ventures Acquisitions

1 Acquisition

PSINet Ventures acquired 1 company. Their latest acquisition was PSINet Consulting Solutions on June 22, 2000.

Date

Investment Stage

Companies

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

Total Funding

Note

Sources

6/22/2000

Series B - II

$991

$1.6M

Acquired

Date

6/22/2000

Investment Stage

Series B - II

Companies

Valuation

$991

Total Funding

$1.6M

Note

Acquired

Sources

PSINet Ventures Fund History

1 Fund History

PSINet Ventures has 1 fund, including PSINet Ventures.

Closing Date

Fund

Fund Type

Status

Amount

Sources

2/23/2000

PSINet Ventures

Multi-Stage Venture Capital

$1,000M

1

Closing Date

2/23/2000

Fund

PSINet Ventures

Fund Type

Multi-Stage Venture Capital

Status

Amount

$1,000M

Sources

1

PSINet Ventures Partners & Customers

1 Partners and customers

PSINet Ventures has 1 strategic partners and customers. PSINet Ventures recently partnered with Akamai on August 8, 2000.

Date

Type

Business Partner

Country

News Snippet

Sources

8/30/2000

Partner

Akamai

United States

PSINet to Offer Full Suite of Akamai Services. August 30, 2000 - Akamai and PSINet Strengthen Relationship for Optimal Web Performance

`` PSINet Inc. 's global customer base and rapid growth make it an ideal Akamai Technologies , Inc. partner for transforming the Internet into an efficient , reliable business tool , '' said George Conrades , chairman and CEO , Akamai Technologies , Inc. .

1

Date

8/30/2000

Type

Partner

Business Partner

Akamai

Country

United States

News Snippet

PSINet to Offer Full Suite of Akamai Services. August 30, 2000 - Akamai and PSINet Strengthen Relationship for Optimal Web Performance

`` PSINet Inc. 's global customer base and rapid growth make it an ideal Akamai Technologies , Inc. partner for transforming the Internet into an efficient , reliable business tool , '' said George Conrades , chairman and CEO , Akamai Technologies , Inc. .

Sources

1

PSINet Ventures Team

2 Team Members

PSINet Ventures has 2 team members, including current President, John Walpuck.

Name

Work History

Title

Status

John Walpuck

President

Current

Michael J. Malesardi

Chief Financial Officer

Former

Name

John Walpuck

Michael J. Malesardi

Work History

Title

President

Chief Financial Officer

Status

Current

Former

CB Insights uses Cookies

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.