Meritech Capital Partners is a private equity

Private equity

Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....

 firm focused on late stage venture capital

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...

 investments in information technology companies with a focus on consumer Internet and media, software and services, enterprise infrastructure, and medical devices.

The Palo Alto, California firm, was founded in 1999 with sponsorship from Accel Partners

Accel Partners

Accel Partners is a global venture and growth equity firm funding companies from inception through the growth stage.The firm is based in Palo Alto, California with major offices in Bangalore, Beijing, London, and Shanghai....

, Oak Investment Partners

Oak Investment Partners

Oak Investment Partners is a private equity firm focusing on venture capital investments in companies developing communications systems, information technology, new Internet media, healthcare services and retail....

, Redpoint Ventures

Redpoint Ventures

Redpoint Ventures is a prominent venture capital firm focused on investments in early stage technology companies. The firm's partners include Allen Beasley, Jeff Brody, Satish Dharmaraj, Tom Dyal, Tim Haley, Brad Jones, Nety Krishna, Chris Moore, Lars Pedersen, Scott Raney, John Walecka, Geoff...

 and Worldview Technology Partners. Since 2003, however, Meritech has independently operated and invested in later stage technology companies. The firm has raised approximately $2.6 billion since inception across four funds.

Among Meritech's most notable investments are Cornerstone OnDemand , Facebook

Facebook

Facebook is a social networking service and website launched in February 2004, operated and privately owned by Facebook, Inc. , Facebook has more than 800 million active users. Users must register before using the site, after which they may create a personal profile, add other users as...

, Fortinet

Fortinet

Fortinet is headquartered in Sunnyvale, California and specializes in network security appliances. Fortinet’s flagship product line is sold under the brand name of FortiGate.-Corporate Overview:...

, and Salesforce.com. Other notable investments include 2Wire

2Wire

2Wire, Inc., is a home networking Customer Premises Equipment manufacturer that provides telecommunications companies with hardware, software, service platforms, and remote CPE management systems. The company is headquartered in San Jose, California, in the Silicon Valley...

, Sourcefire

Sourcefire

Sourcefire, Inc develops network security hardware and software. The Sourcefire 3D System is based on Snort, an open-source intrusion detection engine.-Background:...

, Riverbed

Riverbed

Riverbed may refer to:*Stream bed, the channel bottom of a stream or river or creek*Wadi, a dry riverbed that contains water only during times of heavy rain*Riverbed Technology, an American technology company...

, Netezza

Netezza

Netezza designs and markets high-performance data warehouse appliances and advanced analytics applications for uses including enterprise data warehousing, business intelligence, predictive analytics and business continuity planning....

, Netsuite

NetSuite

NetSuite Inc. is the leading vendor of cloud-based Software-as-a-Service integrated business management software for mid-market enterprises and divisions of large companies, with over 10,000 organizations and a +$225 billion market cap...

, IntraLase

IntraLase

IntraLase was a company based in Irvine, California, producing lasers for the medical industry and for eye surgery. In March 2007 it was acquired by Advanced Medical Optics for $800 million in cash. Advanced Medical Optics was acquired by Abbott Laboratories in February 2009...

, and Cloudera

Cloudera

Cloudera Inc. is a Palo Alto-based enterprise software company which provides Apache Hadoop-based software and services. It contributes to Hadoop and related Apache projects and provides a distribution for Hadoop for the enterprise. Cloudera has two products: and...

.

External links

• Meritech Capital Partners (company website)