Highland is typically the first institutional investor in the companies they back.[2]
From inception in 1988 to today,[when?] the firm has raised eleven venture capital funds with aggregate investor commitments of approximately $4 billion[citation needed]:
Notable members of the team include Bob Davis, the founder of Lycos;[19] Gaurav Tewari, the founder of Omega Venture Partners, and formerly of Highland Capital Partners;[20] "Wyc Grousbeck formerly of Highland Capital Partners". Forbes. Retrieved 2020-10-31. In February 2005, Thomas G. Stemberg, the founder and former CEO of Staples, joined Highland.[21]
In November 2020, several of the senior GPs partnered with Ian Friedman, former co-head of Goldman Sachs Investment Partners (Venture Capital and Growth Equity Team) and formed Highland Transcend Partners I, a SPAC that targets disruptive commerce, digital media, and enterprise software. The founding team consists of Friedman (CEO), Bob Davis (executive chairman), Dan Nova (chief investment officer) and Paul Maeder (CFO).[22]
Referencesedit
^"About". Highland Capital Partners. 2018-09-27. Retrieved 2020-11-27.
^"Online university degree provider 2U acquires Trilogy for $750M to expand into tech bootcamps and training". TechCrunch. 8 April 2019. Retrieved 2020-10-31.
^"Auris acquisition could prompt more mega VC rounds". Evaluate.com. 2019-02-18. Retrieved 2020-10-31.
^Warren, Rachel (2020-06-03). "Health and Wellness Startup Everlywell Selling At-Home Coronavirus Test Kits for $109". The Motley Fool. Retrieved 2020-10-31.
^vArmour (2020-02-20). "vArmour and Gigamon Partner to Provide Enterprise Networks With Elevated Application Visibility and Control". GlobeNewswire News Room (Press release). Retrieved 2020-10-31.
^"Imprivata moves toward being the next Boston tech IPO".
^"LevelUp Grabs $12M From Highland, Google Ventures To Take Its Mobile Payment Solution National". TechCrunch. 7 June 2012. Retrieved 2020-10-31.
^MacFadyen, Ken (2012-12-30). "Advent, Highland take stake in yoga outfitter". Private Equity International. Retrieved 2020-10-31.
^"Security startup Malwarebytes acquires AdwCleaner to nip adware in the bud". TechCrunch. 19 October 2016. Retrieved 2020-10-31.
^Chapman, Lizette (2014-07-10). "Qihoo 360 Joins Asian Companies Launching VC Groups in Silicon Valley". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-10-31.
^"Quattro Wireless Raises $12.3 Million in Series B Funding". www.businesswire.com. 2007-09-05. Retrieved 2020-10-31.
^Runway, Rent the. "Rent the Runway Receives $20 Million Investment Led by Advance/Conde Nast". www.prnewswire.com (Press release). Retrieved 2020-10-31.
^Spangler, Todd (2014-11-13). "Mobile-Games Startup Scopely Raises $35 Million Led by Evolution Media, Highland Capital". Variety. Retrieved 2020-10-31.
^Sormani, Angela (2012-10-03). "thredUP.com Secures Series C Led by Highland". Venture Capital Journal. Retrieved 2020-10-31.