Venture-backed tech exits started off with a bang when Sequoia Capital-backed WhatsApp was acquired for $22B by Facebook in February. The year ended on a high note as well with multiple VC-backed tech IPOs in December (including 2 of the 10 biggest exits of the year).
As we head into 2015, we identified the 20 largest US-based exits of 2014. These 20 companies saw a a cumulative valuation of over $55B. Yup – $55 Billion.
Here’s 2014’s largest US-based VC-backed tech exits.
|Company||Exit Type||Valuation ($M)||Select Investors|
|Lending Club||IPO||5416.6||Norwest Venture Partners, Kleiner Perkins Caufield & Byers, Morgenthaler Ventures, Union Square Ventures|
|Zayo Group Holdings||IPO||4447.9||Oak Investment Partners, Battery Ventures, Columbia Capital, Centennial Ventures|
|GoPro||IPO||3100.0||US Venture Partners, Walden International, Steamboat Ventures,|
|Arista Networks||IPO||2734.0||Khosla Ventures, Index Ventures|
|GrubHub Seamless||IPO||2038.0||Lightspeed Venture Partners, Benchmark Capital, DAG Ventures|
|2000.0||Spark Capital, Founders Fund, Matrix Partners, Andreessen Horowitz, Formation 8|
|1540.0||Insight Venture Partners, Accel Partners|
|Castlight Health||IPO||1400.0||Oak Investment Partners, US Venture Partners, Venrock, Maverick Capital|
|OnDeck Capital||IPO||1323.0||Google Ventures, Khosla Ventures, RRE Ventures, Foundation Capital, First Round Capital|
|1165.0||Norwest Venture Partners, Aurora Funds, Rho Ventures|
|Coupons.com||IPO||1162.7||Passport Capital, T. Rowe Price, G & H Partners|
(Hellman & Friedman)
|New Relic||IPO||1059.6||Insight Venture Partners, Benchmark Capital, Trinity Ventures, DAG Ventures|
|1000.0||August Capital, Silicon Valley Bank, Canaan Partners, Foundation Capital|
|970.0||Bessemer Venture Partners, Felicis Ventures, Floodgate, Thrive Capital|
(Walt Disney Company)
|950.0||Time Warner Investments=, Greycroft Partners, e.ventures, Upfront Ventures|
|OPOWER||IPO||901.7||New Enterprise Associates, Kleiner Perkins Caufield & Byers, Accel Partners|
|A10 Networks||IPO||885.4||Harbinger Venture Management, CID Capital, Summit Partners, Triton Ventures Partners|
|Big Fish Games||Acquisition
|885.0||Balderton Capital, Salmon River Capital, General Catalyst Partners|
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Note: IPO valuations taken at opening.
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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