Advanced Technology Ventures (ATV) is an American 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...

 firm with more than $1.8 billion in capital under management. The firm was founded in 1979 and invests in IT

Information technology

Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...

, healthcare and cleantech companies. ATV has offices in Waltham, Massachusetts

Waltham, Massachusetts

Waltham is a city in Middlesex County, Massachusetts, United States, was an early center for the labor movement, and major contributor to the American Industrial Revolution. The original home of the Boston Manufacturing Company, the city was a prototype for 19th century industrial city planning,...

 and Palo Alto, California

Palo Alto, California

Palo Alto is a California charter city located in the northwest corner of Santa Clara County, in the San Francisco Bay Area of California, United States. The city shares its borders with East Palo Alto, Mountain View, Los Altos, Los Altos Hills, Stanford, Portola Valley, and Menlo Park. It is...

.

History

ATV was created when Dr. Thaddeus (Teddy) F. Walkowicz left Venrock, a venture capital firm associated with the Rockefeller family, to team up with Dr. Ivan Sutherland, George Kokkinakis and Dr. Robert Loewy. Together they founded Advanced Technology Ventures.

Investment funds

1981 - ATV I closes with $30.2M

1994 - ATV II closes with $28M

1988 - ATV III closes with $30.7M

1995 - ATV IV closes with $100M

1998 - ATV V closes with $175M

1999 - ATV VI closes with $400M

2001 - ATV VII closes with $720M

2007 - ATV VIII closes with $305M

Investments

ATV's investments in IT, healthcare and cleantech companies have resulted in 30+ successful exits via IPO or acquisition. For example, Acme Packet

Acme Packet

Acme Packet is a company based in Bedford, Massachusetts which produces and markets Session Border Controllers , multiservice security gateways and session routing proxies . It is a public company incorporated in Delaware...

 had a successful IPO and the company is one of the fastest-growing telecommunications companies in the state of Massachusetts
Today, ATV backs a variety of early-stage portfolio companies, including the following.

IT: Alfalight, Anagran, Apprion, CaseCentral, Cenzic, CombineNet, Handango

Handango

Handango is an online store that sells mobile software. Handango offers worldwide distribution, support, and e-commerce services to its partners. Company's customers include consumers, software developers, mobile operators, and original equipment manufacturers...

, Host Analytics, HVVi Semiconductors, Liquid Engines

Liquid Engines

Liquid Engines is a software company headquartered in Sunnyvale, California. It provides products to help corporations manage their taxes. -Patent controversy:...

, Nextivity, Nominum, Omneon

Omneon

Omneon develops and markets video server and computer storage products for companies that produce and distribute audio and video content for television and the Internet. Founded in 1998, the company is reported to have a wide range of clients in the television broadcast sector from around the...

, Packet Design, Qumu, Sanovi, Tripwire, X+1

Cleantech: AltaRock Energy

AltaRock Energy

AltaRock Energy Inc., headquartered in Seattle, Washington and having a technology development office in Sausalito, California, is a privately held corporation that focuses on the development of geothermal energy resources and Enhanced Geothermal Systems...

, Coskata, CaliSolar

CaliSolar

Calisolar, Inc. is a vertically integrated manufacturer of solar silicon and multicrystalline solar cells. Calisolar is a privately held company headquartered in Sunnyvale, California, with cell processing facilities in Sunnyvale; silicon purification facilities in Vaughan, Ontario, Canada; and...

, GreatPoint Energy, Nuventix, Rive Technology, Sub-One Technology, Solar Junction, Wakonda

Healthcare: Acceleron, Aperio, Apoptos, Ardian, ConcepTx Medical, Emphasys, EndoGastric Solutions, Five Prime, GI Dynamics, GluMetrics, Gynesonics, Helixis, Hydra BioSciences, NeuroVista, Plexxikon, PolyRemedy, Portola, Powervision, Proteolix, Valeritas, Zeltiq

External links

• Advanced Technology Ventures