
Western Technology Investment
Investments
350Portfolio Exits
84Funds
11About Western Technology Investment
Western Technology Investment (WTI) is an investment firm that focuses on providing secured financing to early-stage and emerging-stage life sciences and technology companies. The company's investment team includes former entrepreneurs, operators, and venture investors that provide insight into the analysis of prospective transactions. Western Technology Investment was founded in 1980 and is based in Portola Valley, California. In August 2022, Western Technology Investment was acquired by P10. The terms of the transaction were not disclosed.

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CB Insights Intelligence Analysts have mentioned Western Technology Investment in 1 CB Insights research brief, most recently on Mar 17, 2021.
Latest Western Technology Investment News
Dec 22, 2022
Cybersecurity startup Lucideus has raised $7 million in a funding round led by California-based MS&AD Ventures, along with participation by venture capital firm Western Technology Investment. The company is expected to use the funds to ramp up operations in the United States, double engineering and sales teams in the next three months and scale up the company’s platform - Security Assessment Framework for Enterprises (SAFE) - which helps businesses measure and mitigate cyber-risks in real-time. “Last year, we had a triple digit revenue growth with a net promoter score (NPS) of 86, and we intend to continue growing at this pace next year. With this intent, we feel this new round of investment has a strategic overlap for our platform to reach out to a larger audience across the world, while continuing to strengthen our leadership across Asia.” says Saket Modi, Co-founder & CEO of Lucideus The company said it will use the fresh capital infusion to ramp up its operations in the US, double engineering and sales teams in the next three months, and scale up the company’s platform - Security Assessment Framework for Enterprises (SAFE), a real-time cybersecurity assessment (a number between 0-5) and monitoring platform for enterprises. The product integrates with the existing technology stack to provide a real-time cyber-risk assessment at a macro level across the organisation. This can be broken down into micro-level scoring individually for each asset. The global cybersecurity market size is forecast to grow to about $248 billion by 2023, according to research firm Statista, although funding in the space has been comparatively lower. “Cybersecurity is one of the top concerns for CEOs globally and SAFE is at the epicenter of solving this problem. Cyber Risk Quantification (CRQ) is a disruptive new category and will become a strategic business enabler in the near future,” said Chambers, who is the founder and CEO of JC2 Ventures, a venture capital firm. Share this article:
Western Technology Investment Investments
350 Investments
Western Technology Investment has made 350 investments. Their latest investment was in Airspeed as part of their Line of Credit on May 5, 2023.

Western Technology Investment Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
5/4/2023 | Line of Credit | Airspeed | $2.5M | Yes | 3 | |
4/1/2023 | Debt | SISU Aesthetics Clinic | $2.5M | Yes | 1 | |
1/16/2023 | Series A | Locad | $11M | Yes | 33 | |
12/15/2022 | Seed VC | |||||
12/2/2022 | Debt |
Date | 5/4/2023 | 4/1/2023 | 1/16/2023 | 12/15/2022 | 12/2/2022 |
---|---|---|---|---|---|
Round | Line of Credit | Debt | Series A | Seed VC | Debt |
Company | Airspeed | SISU Aesthetics Clinic | Locad | ||
Amount | $2.5M | $2.5M | $11M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 3 | 1 | 33 |
Western Technology Investment Portfolio Exits
84 Portfolio Exits
Western Technology Investment has 84 portfolio exits. Their latest portfolio exit was LanzaTech on February 09, 2023.
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 |
---|---|---|---|---|---|
2/9/2023 | Reverse Merger | 4 | |||
3/2/2022 | Reverse Merger | 4 | |||
2/17/2022 | Acquired | 2 | |||
Date | 2/9/2023 | 3/2/2022 | 2/17/2022 | ||
---|---|---|---|---|---|
Exit | Reverse Merger | Reverse Merger | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 4 | 4 | 2 |
Western Technology Investment Fund History
11 Fund Histories
Western Technology Investment has 11 funds, including WTI Equity Opportunity Fund I.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
12/31/2016 | WTI Equity Opportunity Fund I | Venture Leasing | Closed | 1 | |
1/9/2013 | Venture Lending & Leasing VII LLC | Venture Leasing | Closed | $375M | 1 |
8/13/2010 | Venture Lending & Leasing VI LLC | Venture Leasing | Closed | $294M | 1 |
3/31/2007 | Venture Lending & Leasing V LLC | ||||
5/28/2004 | Venture Lending & Leasing IV LLC |
Closing Date | 12/31/2016 | 1/9/2013 | 8/13/2010 | 3/31/2007 | 5/28/2004 |
---|---|---|---|---|---|
Fund | WTI Equity Opportunity Fund I | Venture Lending & Leasing VII LLC | Venture Lending & Leasing VI LLC | Venture Lending & Leasing V LLC | Venture Lending & Leasing IV LLC |
Fund Type | Venture Leasing | Venture Leasing | Venture Leasing | ||
Status | Closed | Closed | Closed | ||
Amount | $375M | $294M | |||
Sources | 1 | 1 | 1 |
Western Technology Investment Team
3 Team Members
Western Technology Investment has 3 team members, including current Chief Executive Officer, Maurice Werdegar.
Name | Work History | Title | Status |
---|---|---|---|
Maurice Werdegar | Blue Chalk Cafe, and RS&Co. | Chief Executive Officer | Current |
Name | Maurice Werdegar | ||
---|---|---|---|
Work History | Blue Chalk Cafe, and RS&Co. | ||
Title | Chief Executive Officer | ||
Status | Current |
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