We have been the earliest investor with dozens of
teams that have dared to pursue their vision

 

Many have created and led new markets
by redefining the possible

 

All have inspired us in some important way

Our Portfolio

Magma Design Automation

Magma Design Automation

Magma Design Automation was a provider of EDA software for designing low power, high performance ICs for mobile and high performance devices. With customers such as Nvidia, Apple, Qualcomm, and Samsung, Magma was instrumental in providing software that was used to design most mobile devices. Magma was acquired by Synopsys in 2012

  • Founded: 1997
  • Round Partnered: Seed
  • Year Partnered: 1997
  • Fund: Founder
  • Clear Partner(s): Rajeev Madhavan
  • Status: IPO
  • Date of IPO: 2001
  • Ticker Symbol: LAVA
  • Market Cap at IPO: $ 580,000,000
  • Peak Market Cap: $ 1,200,000,000

Results

The 4 companies our team co-founded produced over $1.7 billion of market cap from 2 IPOs and 2 acquisitions

The 50+ early-stage companies we funded produced over $52 billion of market cap from 34 exits, with 8 going from seed/series A to IPO, 24 acquisitions

Some of our greatest learnings and closest personal partnerships have come from our losses

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