# ATEL Ventures: portfolio, investments and team > ATEL Ventures is a vc firm based in United States. 13 investments on record, 1 in the last 12 months, latest Apr 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/atel-ventures (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # ATEL Ventures Last cheque observed Apr 2026; 13 cheques on record. Email VC firm Deploying now Venture Debt Series B Application Performance Management Enterprise Software Follow ATEL Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fatel-ventures) Deploying now **100%** of best year **1** **cheques in 12 months**, 13 on record Since the last cheque **219** days **00** hrs **00** min **00** sec Median round **$24M** Rounds led **1 of 13** Sole investor **7 rounds** Exits **3 from the portfolio** Mostly in **United States, 82%** Pitch ATEL Ventures ## ATEL Ventures highlights - 01 1 cheques in the last 12 months - 02 Mostly Venture and Debt: 70% of its rounds - 03 Sole investor in 7 rounds, median $4.0M - 04 3 exits from the portfolio ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Sectors:** Application Performance Management Enterprise Software - **Based in:** Dallas, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **13 appearances** - **2026** 1 round - **Apr** **[Carbon Upcycling Technologies](https://millionrounds.com/company/carbon-upcycling-technologies)** Debt · CA · Ventureburn **$10M** *Led* - **2016** 2 rounds - **Apr** **[ON24](https://millionrounds.com/company/on24)** **$25M** With 8 others - **Jan** **[Tegile](https://millionrounds.com/company/tegile)** **$24M** With 7 others - **2012** 1 round - **May** **[EdeniQ](https://millionrounds.com/company/edeniq)** Venture · US · bloomberg.com **$32M** With 9 others - **2010** 3 rounds - **Nov** **[iPierian](https://millionrounds.com/company/ipierian)** Series B · US · fis.dowjones.com **$29M** With 7 others - **Apr** **[SolFocus](https://millionrounds.com/company/solfocus)** Venture · US · worldleasingnews.com **$3.0M** Sole investor - **Mar** **[NexPlanar](https://millionrounds.com/company/nexplanar)** Debt · US · freshnews.com **$3.5M** Sole investor - **2009** 3 rounds - **Oct** **[IntelePeer](https://millionrounds.com/company/intelepeer)** Venture · US · businesswire.com **$4.0M** Sole investor - **Aug** **[OpSource](https://millionrounds.com/company/opsource)** Venture · US · venturebeat.com **$4.0M** Sole investor - **Jul** **[Enerkem](https://millionrounds.com/company/enerkem)** CA · earthtimes.org **Undisclosed** Sole investor - **2008** 1 round - **Jul** **[Innovalight](https://millionrounds.com/company/innovalight)** Venture · US **$5.0M** Sole investor - **2007** 1 round - **Oct** **[BuyerLink](https://millionrounds.com/company/buyerlink)** Series C · US · allbusiness.com **$4.5M** Sole investor - **2004** 1 round - **Jun** **[ARYx Therapeutics](https://millionrounds.com/company/aryx-therapeutics)** Series D · US **$55M** With 9 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team We hold **13** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## Exits from the portfolio Companies it backed that were later bought or listed **3 in all** **[NexPlanar](https://millionrounds.com/company/nexplanar)** Bought by Cabot Microelectronics Corporation **Undisclosed** Dec 2015 **[iPierian](https://millionrounds.com/company/ipierian)** Bought by [Bristol-Myers Squibb](https://millionrounds.com/fund/bristol-myers-squibb) **$175M** Apr 2014 **[Innovalight](https://millionrounds.com/company/innovalight)** Bought by DuPont **Undisclosed** Jul 2011 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Venture Debt Series B Median round joined **$24M** the round, not its cheque Alone, median **$4.0M** Led 1 of 13 rounds **8%** - **Sole investor:** 7 rounds - **Last cheque:** Apr 2026 - **Exits:** 3 from the portfolio Rounds by stage said on their site - Venture *5* - Debt *2* - Series B *1* - Series C *1* - Series D *1* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) 2 - [MPM Capital](https://millionrounds.com/fund/mpm-bioimpact) 2 **Pitching ATEL Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as ATEL Ventures. A count of rooms they were both in, not a relationship either has claimed. [**Kleiner Perkins Caufield & Byers** VC firm **2** rounds together](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers)[**MPM Capital** Private equity **2** rounds together](https://millionrounds.com/fund/mpm-bioimpact) ## Quick answers about ATEL Ventures ### What does ATEL Ventures invest in? ATEL Ventures invests most often at Venture and Debt (70% of the rounds on record), in sectors such as Application Performance Management and Enterprise Software. ### How active is ATEL Ventures? 13 investments on record, 1 of them in the last 12 months, and it led 1. The most recent was in Apr 2026. ### What has ATEL Ventures invested in recently? Its most recent investments on record: Carbon Upcycling Technologies (Debt, Apr 2026), ON24 (Apr 2016) and Tegile (Jan 2016). ### How big are ATEL Ventures's cheques? The median round it joins is $24M. ### Does ATEL Ventures lead rounds? Sometimes: it led 1 of its 13 investments on record (8%). ### Where does ATEL Ventures invest? Most of the companies it backs are in the United States (82%) and Canada (18%). ### Is ATEL Ventures investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### Who does ATEL Ventures invest alongside? Most often Kleiner Perkins Caufield & Byers (2 rounds together) and MPM Capital (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=atel-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=atel-ventures)