# BlueStream Ventures: portfolio, investments and team

> BlueStream Ventures is a vc firm based in United States. 23 investments on record, latest Aug 2009. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/bluestream-ventures (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# BlueStream Ventures

Last cheque observed Aug 2009. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Series C Series B Series A

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 23 on record

Since the last cheque **6284** days **00** hrs **00** min **00** sec

Median round **$12M** Rounds led **0 of 23** Sole investor **1 rounds** Exits **10 from the portfolio** Mostly in **United States, 100%**

Pitch BlueStream Ventures

## BlueStream Ventures highlights

- 01 23 rounds on record
- 02 Mostly Series C and Series B: 57% of its rounds
- 03 Sole investor in 1 rounds, median $7.7M
- 04 10 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Based in:** United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **23 appearances**

- **2009** 3 rounds
- **Aug** **[Xora, Inc.](https://millionrounds.com/company/xora-inc)** Venture · US · silicontap.com **$8.5M** With 3 others
- **Aug** **[Meru Networks](https://millionrounds.com/company/meru-networks)** Series E · US · deals.venturebeat.com **$57M** With 6 others
- **Apr** **[Meru Networks](https://millionrounds.com/company/meru-networks)** Series E · US · venturebeat.com **$30M** With 7 others
- **2007** 4 rounds
- **Nov** **[Calabrio](https://millionrounds.com/company/calabrio)** Series B · US · calabrio.com **$8.0M** With 1 other
- **Sept** **[Akorri Networks](https://millionrounds.com/company/akorri-networks)** Series C · US · akorri.com **$15M** With 3 others
- **Feb** **[Gearworks](https://millionrounds.com/company/gearworks)** Series B · US · xora.com **$21M** With 2 others
- **Jan** **[Meru Networks](https://millionrounds.com/company/meru-networks)** Series D · US · venturebeat.com **$28M** With 9 others
- **2006** 3 rounds
- **Jul** **[Surgient](https://millionrounds.com/company/surgient)** Series C · US · austin.bizjournals.com **$20M** With 5 others
- **Jun** **[Ounce Labs](https://millionrounds.com/company/ounce-labs)** Series C · US · bizjournals.com **$6.0M** With 2 others
- **May** **[Meru Networks](https://millionrounds.com/company/meru-networks)** Series D · US · goliath.ecnext.com **$25M** With 5 others
- **2005** 6 rounds
- **Jul** **[Spanlink Communications](https://millionrounds.com/company/spanlink-communications)** Series A · US · spanlink.com **$12M** With 1 other
- **Jun** **[Meru Networks](https://millionrounds.com/company/meru-networks)** Series C · US · fiercewireless.com **$12M** With 6 others
- **May** **[Akorri Networks](https://millionrounds.com/company/akorri-networks)** Series A · US · ww.opticalkeyhole.com **$8.4M** With 2 others
- **May** **[PANTA Systems](https://millionrounds.com/company/panta-systems)** Venture · US **$9.5M** With 1 other
- **Apr** **[TAZZ Networks](https://millionrounds.com/company/tazz-networks)** Series C · US **$6.0M** With 4 others
- **Jan** **[Fieldglass](https://millionrounds.com/company/fieldglass)** Series D · US · fieldglass.com **$11M** With 3 others
- **2004** 3 rounds
- **Dec** **[Ounce Labs](https://millionrounds.com/company/ounce-labs)** Series B · US **$10M** With 2 others
- **Apr** **[Meru Networks](https://millionrounds.com/company/meru-networks)** Series B · US **$17M** With 8 others
- **Jan** **[Euclid](https://millionrounds.com/company/euclid)** Series C · US **$4.5M** With 2 others
- **2003** 1 round
- **Mar** **[Wakesoft](https://millionrounds.com/company/wakesoft)** Series B · US **$7.7M** Sole investor
- **2002** 1 round
- **Aug** **[Fieldglass](https://millionrounds.com/company/fieldglass)** Series C · US **$12M** With 4 others
- **2001** 2 rounds
- **Oct** **[Pirus Networks](https://millionrounds.com/company/pirus-networks)** Series B **$40M** With 5 others
- **Sept** **[Xalted Networks](https://millionrounds.com/company/xalted-networks)** Series A · US **$21M** With 3 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 **2** 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 **10 in all**

**[Meru Networks](https://millionrounds.com/company/meru-networks)** Bought by [Fortinet](https://millionrounds.com/fund/fortinet) **$44M** May 2015

**[Fieldglass](https://millionrounds.com/company/fieldglass)** Bought by [SAP](https://millionrounds.com/fund/sap) **Undisclosed** Mar 2014

**[Xora, Inc.](https://millionrounds.com/company/xora-inc)** Bought by ClickSoftware Technologies **$15M** Feb 2014

**[Akorri Networks](https://millionrounds.com/company/akorri-networks)** Bought by [NetApp](https://millionrounds.com/fund/netapp) **$60M** Jan 2011

**[Surgient](https://millionrounds.com/company/surgient)** Bought by [Quest Software](https://millionrounds.com/fund/quest-software) **$35M** Nov 2010

**[Surgient](https://millionrounds.com/company/surgient)** Bought by [Dell](https://millionrounds.com/fund/dell) **Undisclosed** Aug 2010

**[Meru Networks](https://millionrounds.com/company/meru-networks)** Listed **Undisclosed** Mar 2010

**[Gearworks](https://millionrounds.com/company/gearworks)** Bought by Xora, Inc. **Undisclosed** Aug 2009

**[Ounce Labs](https://millionrounds.com/company/ounce-labs)** Bought by [IBM (International Business Machines)](https://millionrounds.com/fund/ibm-international-business-machines) **Undisclosed** Jul 2009

**[Pirus Networks](https://millionrounds.com/company/pirus-networks)** Bought by [Sun Microsystems](https://millionrounds.com/fund/sun-microsystems) **Undisclosed** Sept 2002

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Series C Series B Series A

Median round joined **$12M** the round, not its cheque Alone, median **$7.7M**

Led 0 of 23 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Aug 2009
- **Exits:** 10 from the portfolio

Rounds by stage said on their site

- Series C *7*
- Series B *6*
- Series A *3*
- Series D *3*
- Series E *2*
- Venture *2*

Cheques by year Led Joined

2001 2009

Often in the room with

- [Clearstone Venture Partners](https://millionrounds.com/fund/clearstone-venture-partners) 6
- [Evercore Partners](https://millionrounds.com/fund/evercore-partners) 5
- [Monitor Ventures](https://millionrounds.com/fund/monitor-ventures) 5
- [NeoCarta Ventures](https://millionrounds.com/fund/neocarta-ventures) 5
- [Split Rock Partners](https://millionrounds.com/fund/split-rock-partners) 4
- [BrainHeart Capital](https://millionrounds.com/fund/brainheart-capital) 3

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## Who they invest alongside

The investors most often in the same rounds as BlueStream Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**Clearstone Venture Partners** VC firm **6** rounds together](https://millionrounds.com/fund/clearstone-venture-partners)[**Evercore Partners** Investment bank **5** rounds together](https://millionrounds.com/fund/evercore-partners)[**Monitor Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/monitor-ventures)[**NeoCarta Ventures** Growth equity **5** rounds together](https://millionrounds.com/fund/neocarta-ventures)[**Split Rock Partners** VC firm **4** rounds together](https://millionrounds.com/fund/split-rock-partners)[**BrainHeart Capital** VC firm **3** rounds together](https://millionrounds.com/fund/brainheart-capital)[**D.E. Shaw & Co.** Growth equity **3** rounds together](https://millionrounds.com/fund/d-e-shaw-and-co-2)[**Dot Edu Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/dot-edu-ventures)[**Jumpstart-up** VC firm **3** rounds together](https://millionrounds.com/fund/jumpstartup)[**Commonwealth Capital Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/commonwealth-capital)[**Greylock** VC firm **2** rounds together](https://millionrounds.com/fund/greylock-partners)[**Matrix Partners** VC firm **2** rounds together](https://millionrounds.com/fund/matrix-partners)

## Quick answers about BlueStream Ventures

### What does BlueStream Ventures invest in?

BlueStream Ventures invests most often at Series C and Series B (57% of the rounds on record).

### How active is BlueStream Ventures?

23 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2009.

### How big are BlueStream Ventures's cheques?

The median round it joins is $12M.

### Does BlueStream Ventures lead rounds?

Rarely, if at all: none of its 23 investments on record names it as the lead.

### Where does BlueStream Ventures invest?

Most of the companies it backs are in the United States (100%).

### Is BlueStream Ventures investing now?

No investments in the last 12 months; the latest was in Aug 2009.

### Who does BlueStream Ventures invest alongside?

Most often Clearstone Venture Partners (6 rounds together), Evercore Partners (5 rounds together) and Monitor Ventures (5 rounds together).

### What kind of investor is BlueStream Ventures?

BlueStream Ventures is a VC firm based in United States.

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