Meritech Capital is a leading provider of late-stage venture capital to premier information and medical technology companies based in Palo Alto, CA. With over $2.6 billion under management, Meritech seeks to lead investments in the portfolio companies of leading early stage venture capital firms.
Meritech's investments are typically in mature companies with proven and differentiated technology, rapidly-growing revenue, and seasoned management teams. As a late stage investor, the firm provides guidance to portfolio companies on issues specific to maturing private companies including management incentive plans, IPO market timing and positioning, liquidity, adviser selection, and public company governance, audit and other similar requirements.
Founded in 1999, Meritech has backed many of the leading private technology companies in recent years, including Acclarent, Cloudera, Cornerstone OnDemand, Danger, Facebook, Fortinet, Fusion IO, Greenplum, Netezza, NetSuite, PopCap, Riverbed, Salesforce.com, Tableau, Tele Atlas, Wonga and Zipcar.