What happened to the tech companies that raised the largest VC or growth equity rounds in 2010? In this latest installment of Throwback Thursday, we dig in. Of the 20 companies on the list, there were 12 exits including 10 IPOs. The other 8 companies are still alive and kicking. Check out our other editions of TBT looking at 2007, 2008, and 2009.
Here’s how TBT 2010 stacks up.
|Company||Logo||Amount ($M)||Select Investors||Where are they now?|
|Groupon*||$500||T. Rowe Price, Digital Sky Technologies, Morgan Stanley||IPO (2011)|
|$200||Kleiner Perkins Caufield & Byers, Benchmark Capital, Spark Capital||IPO (2013)|
|LivingSocial||$183||Lightspeed Venture Partners, Amazon||Alive|
|Gogo||$176||Northwood Venture Partners, Sycamore Ventures, General Electric||IPO (2013)|
|Zynga*||$150||Softbank Capital||IPO (2011)|
|ExteNet Systems||$128||Centennial Ventures, Columbia Capital, Sevin Rosen Funds||Alive|
|IkaSystems||$120||Essex Woodlands, Providence Equity Partners||Alive|
|$120||Elevation Partners||IPO (2012)|
|BridgeLux||$98||Doll Capital Management, VantagePoint Capital Partners||Alive|
|Casa Systems||$96||Summit Partners, Sea Change Management||Alive|
|RetailMeNot||$87||Norwest Venture Partners, Austin Ventures||IPO (2013)|
|Gilt Groupe||$78||Matrix Partners, General Atlantic||Alive|
|Playdom||$76||New Enterprise Associates, Lightspeed Ventures, Norwest Venture Partners||Acquired by The Walt Disney Company (2010)|
|Merkle||$75||Technology Crossover Ventures||Alive|
|Chegg||$75||Ace Limited||IPO (2013)|
|FleetMatics||$68||Institutional Venture Partners, Pritzker Group Venture Capital||IPO (2012)|
|Enphase Energy||$63||Kleiner Perkins Caufield & Byers, Rockport Capital||IPO (2012)|
|OnLive||$60||British Telecom, Belgacom||Restructuring (2012)|
|Castlight Health||$60||Oak Invesment Partners, US Venture Partners, Venrock||IPO (2014)|
*These companies had multiple large rounds during this time period
The companies in this list are all in the US and venture-backed. Multiple deals within a series were grouped together. Debt and Grant rounds were not included.
Photo credit for the featured image goes to Cushing Memorial Library
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This report was created with data from CB Insights’ emerging technology insights platform, which offers clarity into emerging tech and new business strategies through tools like:
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