CB Insights

The 2014 Global Tech Exits Report

Tech had a strong 2014 as global Tech exits grew 58% versus 2013’s totals, while VC-backed tech exits also were up over 30% year-over-year.

This in-depth report analyzes the worldwide exit activity within private technology companies including overall activity, vc participation in exits, which countries saw the most exits, and more. Below is a high-level summary of some of the report’s highlights. For all of the findings, download the entire report. It’s free.

Tech exit activity up 58% vs. 2013

Quarterly Tech Exit Volume 2013-2014

2014 saw 2886 tech exits (2807 M&A and 79 IPOs). This represented a huge step up versus 2013 which saw 1825 tech exits. The 58% increase in exit activity was driven by strength throughout the year as every quarter of 2014 eclipsed 2013. Q2 2014 was a breakout quarter with 731 M&A & 31 IPOs and included notable public offerings for Jingdong and Just-Eat.

Almost 2x as many unicorn exits in 2014 vs. 2013

Unicorn exits in 2014

After just 17 private tech companies exited for a $1B+ valuation in 2013, that number nearly doubled to 32 in 2014. Even with the increase, this represented just 1.1% of tech exits in 2014. The vast majority of exits were for less than $200M.

US dominates exit activity followed by UK. India is only Asia country in top 5 as Canada bumps China to #6 spot.

Three European countries were in the top 10 based on tech exit activity in 2014. India was in the top 5 for the second straight year. Canada bumped China from the top 5 behind increased M&A activity. China, however, had some of the largest tech exits in 2014 including IPOs for Alibaba and Jumei International, as well as UCWeb’s acquisition by Alibaba.

A list of the top 15 countries by exit activity is below. To see the top 100 countries for tech exits in 2014, download the full report.

  • United States

  • United Kingdom

  • Canada

  • Germany

  • India

  • China

  • Australia

  • France

  • Israel

  • Sweden

  • Netherlands

  • Spain

  • Singapore

  • Russia

  • Denmark

2014: 589 venture-backed tech companies acquired & 51 tech IPOs

Monthly vc-backed tech exits in 2014

2014 saw a large increase in both VC-backed M&A activity and IPO activity compared to 2013, with more than a 30% year over year increase in both types of exits. March was a banner month for IPOs, which saw 11 companies go public including Castlight Health, 2U, and King Digital Entertainment.

Accel Partners leads investors with the most tech exits in 2014

Three European countries were in the top 10 based on tech exit activity in 2014. India was in the top 5 for the second straight year. Canada bumped China from the top 5 behind increased M&A activity. China, however, had some of the largest tech exits in 2014 including IPOs for Alibaba and Jumei International, as well as UCWeb’s acquisition by Alibaba.

A list of the top 10 investors by exit activity is below. To see the complete list of top investors by tech exits in 2014, download the full report.

  • Accel Partners

  • SV Angel

  • Kleiner Perkins Caufield & Byers

  • New Enterprise Associates

  • Battery Ventures

  • Greylock Partners

  • First Round Capital

  • Redpoint Ventures

  • Bessemer Venture Partners

  • Matrix Partners

The 2014 Global Tech Exits Report highlights worldwide exit trends as well as top investors, countries, and trends for VC-backed tech companies.

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