Mayfield 2012 Newsletter Highlights Investments & Exits

Mayfield Fund News: December 2012

2012 In Review

Holiday Cheer

2012 was a year in which we continued to benefit from our 43-year history of investing in relationships.

  • Limited Partners demonstrated their support of our team and belief in our strategy by helping us quickly raise a $365 million fund, Mayfield XIV.
  • Today, SolarCity’s IPO had a strong debut, increasing approximately 50% over the offering price, making it our 110th IPO.
  • During the last 30 days, StorSimple was acquired by Microsoft and Citrix signed a definitive agreement to acquire Zenprise.
  • Earlier in the year, four other companies had positive outcomes: The Home Depot acquired Red Beacon, General Atlantic acquired our position in Fourcee, Google acquired Quickoffice, and Pearson PLC acquired GlobalEnglish.
  • We made ten new investments, of which seven were announced: AgilOne, BranchOut, CloudVelocity, Easilydo, Fab, Moat, and SmartRecruiters. We also made ten follow-on investments.
  • We expanded the team with exciting Executives-In-Residence such as Prashant Fuloria, ex-Facebook and Google executive.
  • We developed new relationships with specialized funds such as Indian incubator/accelerator AngelPrime.
  • We are excited about our breakthrough companies: mobile/Appcelerator, SaaS/Marketo, social/Gigya, marketplaces/Fab, China/Qunar, India/Matrimony.com, and the many others in the portfolio that are about to cross the chasm.

We wish everyone a safe holiday season and a productive New Year!

In the News

Team

Navin Chaddha

SolarCity, Zenprise and StorSimple Mark three 2012 Exits for Navin Chaddha

Navin Chaddha

Navin Chaddha Shares Advice for Entrepreneurs

Tim Chang Raj Kapoor

Tim Chang and Raj Kapoor on the Evolution of Adtech

Robin Vasan

Robin Vasan Shares Views on API-Fication

Prashant Fuloria

Former Facebook and Google Exec Prashant Fuloria Joins Mayfield as EIR


Exits

SolarCity

SolarCity IPO has Strong Debut

StorSimple

Microsoft Acquires StorSimple

Zenprise

Citrix Signs Definitive Agreement to Acquire Zenprise


Investments

Agilone

AgilOne Raises Series B for Marketing Analytics

Angelprime

Mayfield Invests in Indian Incubator AngelPrime

CloudVelocity

CloudVelocity Emerges from Stealth with $5 Million in Series A Funding

EasilyDo

Easilydo Emerges from Stealth with $4.3 Million in Series A Funding

dealsandyou

Poshmark Raises $12Million in Series B Funding

Servicemax

ServiceMax Raises $27M in Series D Funding

 

Portfolio Momentum

Adchemy

Adchemy Intentmaps Power Microsoft Bing Clients

Alfresco

Alfresco Named Visionary ECM Vendor in Gartner Magic Quadrant

Appcelerator

Appcelerator Shares Results of Mobile Developer Survey

BranchOut

BranchOut Hires Former Yahoo SVP as COO

Centrify

Centrify Introduces Secure Access for Cloud and SaaS

CloudPhysics

CloudPhysics Wins Best of Show Award at VMWorld

Couchbase

Couchbase Named one of 13 Big Data Vendors to Watch in 2013

Fab

Jason Goldberg on Building a $700 Million Novelty Shop

Fixya

FixYa iPhone App a Hit

Gigya

Gigya Introduces Social Privacy Seal to Build Consumer Trust

Healthtap

HealthTap Expands Doctor Network through Avvo Acquisition

Marketo

Marketo Introduces LaunchPoint Network for *Marketing Nation*

Moat

Moat Provides Analytics on Presidential Campaigns

Cloud9

Playfirst Expands Leadership Team

Poshmark

PandoDaily Profiles Poshmark CEO Manish Chandra

Rubicon Project

Rubicon Project CEO Featured in New York Times

ServiceMax

ServiceMax Leaps Ahead in Gartner Magic Quadrant

SmartRecruiters

SmartRecruiters Shares Vision of Next Generation Recruiting Software

Tagged

Tagged Acquires Urbantag

Tagged

Viralheat Provides Tips on Integrating Google+ into Social Media Marketing

Webroot

Webroot Provides Facebook Users with Online Security

Zimride

Lyft Grows as Economic Driver