Azure Capital Partners
Encyclopedia
Azure Capital Partners is an early stage venture capital
firm that invests in the information technology industry.
magazine's list of top 100 global venture capitals; and in October 2008, the company sold Bill Me Later
to eBay for $945 million. Other exits include TopTier, VMware
, World Wide Packets, and VAPPS. Azure’s portfolio includes BlogHer
, Broadlight, Calix
, Cooking.com, Coraid, Cyan Optics, Education.com, ezRez Software, Fonality, K2 (SourceCode), Knowledge Adventure
, Medsphere, NeoNova, Phanfare
, PSS Systems, Rooftop Comedy, SilkRoad technology, SlideRocket, TravelMuse
, TripIt and Zend Technologies
.
Venture capital
Venture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...
firm that invests in the information technology industry.
History
The firm was founded in 2000, and works using an investment research approach to venture capital investing. In 2009, Azure Capital appeared in the Red HerringRed Herring (magazine)
Red Herring was a technology business magazine, which flourished during the dot com boom, with global distribution and bureaus in Bangalore, Beijing, and Paris. It also sponsored conferences designed to bring venture capitalists, entrepreneurs, and technologists together. But the magazine went into...
magazine's list of top 100 global venture capitals; and in October 2008, the company sold Bill Me Later
Bill Me Later
Bill Me Later is a proprietary payment method offered on the websites of many well-known merchants, including those of Wal-Mart, USPS, Best Buy, Overstock.com, American Airlines, JetBlue Airways, Jewelry Television and Hotels.com. The site, which offers consumers a line of revolving credit through...
to eBay for $945 million. Other exits include TopTier, VMware
VMware
VMware, Inc. is a company providing virtualization software founded in 1998 and based in Palo Alto, California, USA. The company was acquired by EMC Corporation in 2004, and operates as a separate software subsidiary ....
, World Wide Packets, and VAPPS. Azure’s portfolio includes BlogHer
BlogHer
BlogHer refers to a group blog and online community, and to an annual blogging conference for women. Three of the 2005 conference organizers, , , and , began a company, Blogher LLC, which in 2006 also began a blog ad network...
, Broadlight, Calix
Calix
Calix is a supplier of telecommunications access equipment for service providers. The company was incorporated in 1999.Calix is a North American provider of broadband communications access systems and software for fiber- and copper-based network architectures that enable communications service...
, Cooking.com, Coraid, Cyan Optics, Education.com, ezRez Software, Fonality, K2 (SourceCode), Knowledge Adventure
Knowledge Adventure
Knowledge Adventure, Inc. is a maker of educational software including the Adiboo and JumpStart series of grade-based and subject-based titles, such as My First Encyclopedia. It was established in the late 1980s in Los Angeles, then later merged with another large education software firm, Davidson...
, Medsphere, NeoNova, Phanfare
Phanfare
Phanfare is an online subscription-based photo sharing and video sharing service. It was introduced in November 2004 by Phanfare, Inc, a company founded by Andrew Erlichson and Mark Heinrich.-Overview:...
, PSS Systems, Rooftop Comedy, SilkRoad technology, SlideRocket, TravelMuse
TravelMuse
TravelMuse is an online travel planning website. TravelMuse claims booking is just the last 5% of the process.- History :TravelMuse was founded in May 2007 by Kevin Fliess and Eric Wood. The company has raised more than $3.5 million in funding from Azure Capital Partners and California Technology...
, TripIt and Zend Technologies
Zend Technologies
Zend Technologies Ltd. is an Israeli world wide web infrastructure software company with headquarters in Cupertino, California, U.S., technology center in Ramat Gan, Tel Aviv, Israel and offices in France, Italy and Germany...
.