Bessemer Venture Partners is the longest-standing venture capital practice in the United States. In 1911, Henry Phipps established a family office with his share of the proceeds from the sale of Carnegie Steel. Bessemer currently manages more than $4 billion of venture capital. The firm raised a $1.6 billion fund in 2011.
Bessemer partners include Kent Bennett, Ed Colloton, David Cowan, Byron Deeter, Brian Feinstein, Alex Ferrara, Bob Goodman, Adam Fisher, Chris Gabrielli, Vishal Gupta, Felda Hardymon, Steve Kraus, Ethan Kurzweil, Jeremy Levine, Siddharth Nautiuyal, Trevor Oelschig, Umesh Padval, Rob Stavis and Subu S.V.
In September 2013, it was announced that NewVoiceMedia has secured £21m in a Series C round of funding led by new investor Bessemer Venture Partners. The investment will help fuel the company’s international growth, and closely follows the opening of its new regional headquarters in North America and Asia Pacific. The business is growing at more than twice the rate of the rapidly expanding cloud contact centre market, according to industry analyst DMG Consulting, and has doubled its number of staff over the last year to meet the increased demand for its technology.