Bessemer Venture Partners (BVP) is a global venture firm focused on deals in the enterprise, consumer and healthcare technology sectors. Founded in 1911, the Menlo Park, Calif.-based firm invests in all stages, from seed to growth, investing anywhere from $100,000 to $75 million in a company.
Notable investments include social media site Pinterest, in which BVP first invested in 2011 by leading its Series A round, and Snapdeal, one of India’s leading e-commerce platforms. As one of the most established VC firms in the U.S., BVP lists exits ranging from adtech company Criteo to LinkedIn to Yelp. The group’s track record includes 118 IPOS. It currently has $4.5 billion under management, closing its most recent fund, BVP IX, at $1.6 billion in February 2015.
BVP, with offices in seven cities around the world including San Francisco, Bangalore, Herzliya Pituach, Israel, and Boston, has been involved in a range of software and SaaS deals. The firm first invested in Fuze (formerly Thinking Phones Networks) in 2012 and has continued to invest in the cloud-based “Unified Communications as a Service” provider. Since 2011, the firm has funneled capital into cloud-based Enterprise Content Collaboration company Box, along with the enterprise software companies that leverage the Box platform.
BVP has 13 partners and 40 investment professionals around the world. Bob Goodman, founding partner at Bessemer’s New York office, has been with the firm since 1998 and focuses on deals in the software, mobile, digital media and healthcare spaces. The venture partner previously founded two successful telecommunications companies and currently serves on the board of a handful of firms including Sedona Systems, Affirmed Networks, Disco and Qwilt. David Cowan is a partner in the Menlo Park office focusing on cloud infrastructure and cybersecurity. His historical portfolio includes Cyota, Ciena, LifeLock, Qualys and dozens of other large acquisitions. Adam Fisher, founding partner at the Herzliya, Isreal office, focuses on investment in Isreal and Europe. His investments have resulted in over 14 IPOs and M&A exits, including Storwize, which was acquired by IBM and Ravello, bought by Oracle.