Granite Ventures

Granite Ventures is a venture capital firm with offices in San Francisco, California. Granite's predecessor H&Q Venture Associates, founded in 1992, was the venture capital investment arm of Hambrecht & Quist, a leading technology oriented investment bank. Granite completed a spinout from H&Q when the bank was sold to Chase Manhattan Bank in 1999.[1]

Granite Ventures
Private
IndustryPrivate equity
Founded1992 (1992)
HeadquartersSan Francisco, California, United States
ProductsVenture capital
Total assetsUS$1,000,000,000
Number of employees
20+
Websitegranitevc.com

Since its founding, Granite has raised over $1 billion in investor commitments and has invested in more than 90 companies. In 2005, the firm raised Granite Ventures II, its second fund since completing its spinout in 2000, with $350 million of investor commitments.[2]

Granite's investment professionals include: Chris Hollenbeck, Chris McKay, Standish O'Grady and Eric Zimits.

Investments

Granite has backed such companies as Anaplan, Tumbleweed Communications, Plumtree Software, Sendmail, Workboard, and Westbridge Technology.

Its investments also include Airbnb,[3] Aspen Avionics,[4] HyTrust,[5] Lucidworks,[6] Survios,[7] and Telltale Games.[8]

References
  1. Primack, Dan (14 August 2000). "Granite Ventures breaks with past, forsaking H&Q name". Investment Dealers' Digest. Retrieved 28 December 2016.
  2. "Granite Ventures II closes on $350m". AltAssets. 30 August 2005. Retrieved 28 December 2016.
  3. Thomas, Owen. "Airbnb Is Turning Itself Into A Local-Business Guide". Business Insider. Retrieved 2019-04-17.
  4. "Aspen Avionics Investors". crunchbase. Retrieved 2019-04-17.
  5. "HyTrust Receives Investment from CIA's Venture Capital Arm". www.securityweek.com. 2013-07-16. Retrieved 2019-04-17.
  6. "Granite Ventures Overview". crunchbase. Retrieved 2019-04-17.
  7. "Series A - Survios". crunchbase. Retrieved 2019-04-17.
  8. "List of top Granite Ventures Portfolio Companies". Crunchbase. Retrieved 2019-04-25.


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