May 10, 2017
Boulder, CO and Dallas, TX – (May 10, 2017) – Delta-v Capital, a leading growth equity and secondary direct private equity firm, announced the close of its third fund, Delta-v Capital 2015, LP. Delta-v Capital raised a combined $232 million across the main fund, Delta-v Capital 2015, and a co-investment fund, Delta-v Capital 2015 Access Fund, LP, (collectively, “Delta-v III”) which exceeded the firm’s $150 million target.
Delta-v III will continue to focus on providing strategic capital solutions to private growth-stage technology companies and their shareholders through secondary direct and growth equity investments. The firm typically seeks investments between $2 million and $30 million in market leading technology companies; key investment sectors include enterprise software, information services, cybersecurity, data analytics, cloud, and communications infrastructure. Delta-v III targets companies that have substantially removed product and business model risk and are growing rapidly.
“The closing of Delta-v III marks a new trajectory for Delta-v; we are humbled by the trust shown to us by our investors, and we look forward to creating unique opportunities to profitably invest their capital,” said Delta-v co-founder Dave Schaller. Delta-v co-founder, Rand Lewis, added: “The flexibility embedded in our approach as a primary and secondary liquidity provider allows us to partner with leading companies and management teams in the technology market.”
Since 2009, Delta-v Capital has invested in more than 20 market leading companies including LogRhythm, ExteNet Systems, NSS Labs, DrillingInfo, 2nd Watch, Wikia, Cloud Sherpas (sold to Accenture), Borderfree (sold to Pitney Bowes), and Zayo (IPO in 2014).
About Delta-v Capital
Delta-v Capital is a leading provider of liquidity solutions and growth equity to private technology companies and their shareholders. Founded in 2009 with a focus on providing secondary liquidity to minority investors, the firm has since expanded its scope to include growth equity to support growth-stage technology companies. Delta-v manages over $400 million in capital commitments and targets between $2 and $30 million investments in technology sectors, including enterprise software, information services, cybersecurity, data analytics, cloud, and communications infrastructure. Delta-v has offices in Boulder, CO and Dallas, TX. For more information about Delta-v capital, visit www.deltavcapital.com.
delta-v defn: n., the total ‘effort’ required to change from one trajectory to another