Scale Venture Partners


Scale Venture Partners is a venture capital firm that invests primarily in early-in-revenue technology companies with a focus on Internet, cloud computing, software as a service, and mobile products.
The firm is based in Foster City, California. It was founded in 2000 as BA Venture Partners, and functioned as the venture capital arm of Bank of America. In 2007, the firm spun out from Bank of America and changed its name to Scale Venture Partners.
The firm launched its first fund for $500 million in 2000 while still operating as BA Venture Partners. In 2004, the firm launched its second fund for $400 million. The fund closed in 2007 and was the firm’s first independent fund after breaking from Bank of America. Scale Venture Partners closed its third fund in 2010 for $255 million, and its fourth fund in 2013 for $255 million. In 2016, the firm closed its fifth fund for $335 million, and in 2018, it closed its sixth fund for $400 million.
Scale Venture Partners maintains close to $1 billion in assets under management.

Investments

Scale Venture Partners has primarily invested in mid-stage companies. The size of the firm's investments has ranged from $3 million to $20 million, with an average of $12 million over the entire life of an investment.
The firm invested in healthcare and life sciences companies until 2011, when it ceased such activity due to Food and Drug Administration regulations and review processes.
Scale Venture Partners has invested in companies including Box.com, BrightRoll, Everyday Health, ExactTarget, Forter, FrontBridge Technologies, DocuSign, HubSpot, RingCentral, NComputing, Omniture, uTest, Vitrue, and a $11 million investment in PubNub.
In 2013, the firm led a $45 million Series D round in DataStax, a San Mateo-based company which distributes a commercial version of Apache Cassandra.
In 2013, the firm also invested in Bill.com, Chef, and Sailthru.
Their mature investments include FrontBridge Technologies, Vitrue, ExactTarget, Omniture, and RingCentral.