|This article needs additional citations for verification. (December 2014)|
|Founder||Bill Elfers, Dan Gregory|
|Headquarters||Sand Hill Road
Menlo Park, California, U.S.
|Total assets||$2 billion|
Number of employees
Greylock Partners is one of the oldest venture capital firms, founded in 1965, with committed capital of over $2 billion under management. The firm focuses on early stage companies in the consumer, enterprise software and infrastructure as well as semiconductor sectors. Today, Greylock operates out of offices in the Bay Area and Cambridge (USA). Their branch in Israel formerly known as Greylock IL was rebranded as 83north in January 2015.
Greylock was founded in 1965 by Bill Elfers and Dan Gregory, joined shortly thereafter by Charlie Waite. The name Greylock comes from the street where Elfers lived, in Wellesley Hills, Massachusetts. Elfers and Waite had both worked at American Research and Development Corporation—one of the country’s first venture capital firms—while Gregory was an investment manager at John P. Chase. The original capital ($9 million in total) was committed by a group of six families, all of whom are still investors in Greylock. Over the ensuing 43 years, Greylock has raised a series of partnerships, with committed capital in excess of $2 billion as of 2014, and invested in more than 300 growth companies.
Greylock's limited partners include the nation’s most prestigious university endowments, major American industrial families, and not for profit foundations. Greylock has had all of its limited partners participate in all partnerships subsequent to their original investment.
Greylock Partners is organized in a series of thirteen (fourteen as of 2013) limited partnerships begun in 1965, 1973, 1979, 1983, 1985, 1987, 1990, 1994, 1997, 2000, 2001, 2005 and 2009. In 2006, Greylock launched Greylock Israel, a separate fund dedicated to Israel; it was rebranded 83north in 2015. On 2 November 2009 Greylock announced a $575 million fund, and hired LinkedIn co-founder Reid Hoffman as a partner. The company organized a fourteenth fund in 2013, with a size of $1 billion.
Greylock Partners focuses on the following areas of investment:
- Consumer and Services: Financial, Healthcare, Internet, Mobile, Retail, Systems Integration.
- Enterprise Infrastructure: Compute/Data Center, Management, Networking, Security, Storage.
- Enterprise Software: Applications, Software-as-a-Service (SaaS)
- Semiconductor': EDA, Networking, Wireless
- Boston's Greylock Partners moves HQ to Silicon Valley
- Brad Stone and Ari Levy (July 25, 2013). "Venture Firm Greylock Partners Outshines Silicon Valley Rivals". Bloomberg Business.
|This article about a private equity or venture capital firm based in the United States is a stub. You can help Wikipedia by expanding it.|