# Boulder Ventures: portfolio, investments and team > Boulder Ventures is a vc firm based in United States. 77 investments on record, 1 in the last 12 months, latest Feb 2026. Source: https://millionrounds.com/fund/boulder-ventures (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Boulder Ventures Last cheque observed Feb 2026; 77 cheques on record. Email Deploying now New fund $58M, Jan 2026 VC firm Seed Series A Series B IT Biotech Follow Boulder Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fboulder-ventures) Deploying now **100%** of best year **1** **cheques in 12 months**, 77 on record Since the last cheque **270** days **00** hrs **00** min **00** sec Median round **$34M** Rounds led **1 of 77** Sole investor **3 rounds** Exits **13 from the portfolio** Mostly in **United States, 98%** Pitch Boulder Ventures ## Boulder Ventures highlights - 01 1 cheques in the last 12 months - 02 Mostly Series B and Series A: 57% of its rounds - 03 Sole investor in 3 rounds, median $3.0M - 04 13 exits from the portfolio ## What they do > Venture capital for IT and biotech companies in Colorado and the Mid-Atlantic. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B Growth - **Sectors:** IT Biotech - **Based in:** Boulder, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **77 appearances** - **2026** 1 round - **Feb** **[RapidFort](https://millionrounds.com/company/rapidfort)** Series A · US · TechStartups **$42M** With 10 others - **2021** 1 round - **Dec** **[DMC Biotechnologies](https://millionrounds.com/company/dmc-biotechnologies)** Series B · BE · Capricorn Partners **$34M** With 8 others - **2019** 3 rounds - **Dec** **[ArcherDx](https://millionrounds.com/company/archerdx)** Series C · US · FinSMEs **$55M** With 8 others - **Oct** **[Stardog](https://millionrounds.com/company/stardog)** Series B · US · FinSMEs **$9.0M** With 3 others - **May** **[ArcherDX](https://millionrounds.com/company/archerdx)** Series B · US · FinSMEs **$60M** With 4 others - **2018** 1 round - **Mar** **[ArcherDX](https://millionrounds.com/company/archerdx)** Series A · US · FinSMEs **$35M** With 2 others - **2017** 3 rounds - **Oct** **[Stardog](https://millionrounds.com/company/stardog)** Series A · US · FinSMEs **$6.0M** With 1 other - **Jul** **[SyncHR](https://millionrounds.com/company/synchr)** US · FinSMEs **$16M** With 5 others - **Jan** **[Stardog](https://millionrounds.com/company/stardog)** Series A · US · FinSMEs **$9.0M** With 2 others - **2015** 3 rounds - **Dec** **[CommercialTribe](https://millionrounds.com/company/commercialtribe)** Series B · US **$6.0M** With 2 others - **Nov** **[Miragen Therapeutics](https://millionrounds.com/company/miragen-therapeutics)** Series C · US **$41M** With 7 others - **Feb** **[Miragen Therapeutics](https://millionrounds.com/company/miragen-therapeutics)** Series B · US **$8.5M** With 4 others - **2014** 6 rounds - **Aug** **[Rapt Media](https://millionrounds.com/company/rapt-media)** Series B · US **$3.1M** With 1 other - **Jun** **[Miragen Therapeutics](https://millionrounds.com/company/miragen-therapeutics)** Series B · US **$7.0M** With 4 others - **Jun** **[BuyNow WorldWide](https://millionrounds.com/company/buynow-worldwide)** Seed · US **$355K** With 3 others - **Apr** **[CommercialTribe](https://millionrounds.com/company/commercialtribe)** Series A · US **$3.2M** With 3 others - **Apr** **[SurfWatch Labs](https://millionrounds.com/company/surfwatch-labs)** Venture · US **$3.5M** With 1 other - **Jan** **[Intellinote](https://millionrounds.com/company/intellinote)** Series A · US **$4.3M** With 1 other - **2012** 4 rounds - **Oct** **[Zenoss](https://millionrounds.com/company/zenoss)** Series C · US · techcrunch.com **$25M** With 4 others - **Sept** **[LineRate Systems](https://millionrounds.com/company/linerate-systems)** Venture · US · sec.gov **$1.0M** With 1 other - **Sept** **[Datavail](https://millionrounds.com/company/datavail)** Series C · US · finsmes.com **$4.3M** With 2 others - **Apr** **[Miragen Therapeutics](https://millionrounds.com/company/miragen-therapeutics)** Series B · US · finsmes.com **$20M** With 4 others - **2011** 4 rounds - **Sept** **[Market Force Information](https://millionrounds.com/company/market-force-information)** Debt · US · finsmes.com **$15M** With 5 others - **Jun** **[Rally Software](https://millionrounds.com/company/rally-software)** Venture · US · techcrunchit.com **$20M** With 1 other - **Apr** **[Lijit Networks](https://millionrounds.com/company/lijit-networks)** Series E · US · techcrunch.com **$10M** With 3 others - **Apr** **[LineRate Systems](https://millionrounds.com/company/linerate-systems)** Series A · US **$4.8M** With 2 others - **2010** 3 rounds - **Oct** **[BroadHop](https://millionrounds.com/company/broadhop)** Venture · US **$1.5M** With 1 other - **Jun** **[Lijit Networks](https://millionrounds.com/company/lijit-networks)** Series D · US · techrockies.com **$6.0M** With 2 others - **Jan** **[Rally Software](https://millionrounds.com/company/rally-software)** Venture · US · sec.gov **$16M** With 1 other - **2009** 7 rounds - **Oct** **[Centerstone Technologies](https://millionrounds.com/company/centerstone-technologies)** Venture · US **$540K** With 1 other - **Aug** **[BroadHop](https://millionrounds.com/company/broadhop)** Series A · US **$4.3M** With 1 other - **Jun** **[Miragen Therapeutics](https://millionrounds.com/company/miragen-therapeutics)** Series B · US · biospace.com **$4.0M** With 3 others - **Mar** **[Centerstone Technologies](https://millionrounds.com/company/centerstone-technologies)** Debt · US **$525K** Sole investor - **Mar** **[BiOptix Inc.](https://millionrounds.com/company/bioptix-inc)** Series A · US · bioptix.com **$3.0M** Sole investor - **Mar** **[Market Force Information](https://millionrounds.com/company/market-force-information)** Series B · US · monitorclipper.com **$32M** With 3 others - **Feb** **[Rally Software](https://millionrounds.com/company/rally-software)** Series D · US · businesswire.com **$8.0M** With 1 other - **2008** 8 rounds - **Aug** **[Lijit Networks](https://millionrounds.com/company/lijit-networks)** Series C · US · paidcontent.org **$7.1M** With 2 others - **Aug** **[Clarabridge](https://millionrounds.com/company/clarabridge)** Series C · US **$12M** With 3 others - **Jun** **[Rally Software](https://millionrounds.com/company/rally-software)** Series C · US · pr-inside.com **$17M** With 3 others - **May** **[Lijit Networks](https://millionrounds.com/company/lijit-networks)** Series A · US · Foundry Group **Undisclosed** *Led* 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 Named by the firm itself, on a filing, its Form ADV or its company registration **8 named** JL **Jonathan Lester Perl** MANAGING MEMBER OF THE GENERAL PARTNER i Filing they signed JE **Josh Evan Fidler** Member i Form ADV KA **Kishen A. Mangat** MANAGING MEMBER OF THE GENERAL PARTNER i Filing they signed KA **Kyle Abraham Lefkoff** MANAGING MEMBER OF THE GENERAL PARTNER i Filing they signed LM **Lawrence Michael Macks** Member i Form ADV MA **Matthew Allen Paul** Chief Financial Officer i Form ADV PA **Peter Anatol Roshko** MANAGING MEMBER OF THE GENERAL PARTNER i Filing they signed TH **Timothy Hoogheem** CHIEF FINANCIAL OFFICER OF THE GENERAL PARTNER i Filing they signed We also hold **12** 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. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$155M** gross assets of its funds Oct 2026 **Exempt** reporting adviser venture or small private funds - **Legal name:** Bvim, LLC - **SEC number:** CRD 160967 ## Exits from the portfolio Companies it backed that were later bought or listed **13 in all** **[Rally Software](https://millionrounds.com/company/rally-software)** Bought by [CA Technologies](https://millionrounds.com/fund/ca-technologies) **Undisclosed** May 2015 **[Millennium Pharmacy Systems](https://millionrounds.com/company/millennium-pharmacy-systems)** Bought by PharMerica Corporation **Undisclosed** Oct 2014 **[XIFIN](https://millionrounds.com/company/xifin)** Bought by [GTCR Golder Rauner](https://millionrounds.com/fund/gtcr-golder-rauner) **Undisclosed** Jul 2014 **[Rally Software](https://millionrounds.com/company/rally-software)** Listed **$84M** Apr 2013 **[LineRate Systems](https://millionrounds.com/company/linerate-systems)** Bought by F5 Networks **Undisclosed** Feb 2013 **[BroadHop](https://millionrounds.com/company/broadhop)** Bought by [Cisco](https://millionrounds.com/fund/cisco) **Undisclosed** Jan 2013 **[ProStor Systems](https://millionrounds.com/company/prostor-systems)** Bought by [Imation](https://millionrounds.com/fund/imation) **Undisclosed** Aug 2012 **[Lijit Networks](https://millionrounds.com/company/lijit-networks)** Bought by Federated Media **Undisclosed** Oct 2011 **[Bluesocket](https://millionrounds.com/company/bluesocket)** Bought by [ADTRAN](https://millionrounds.com/fund/adtran) **Undisclosed** Aug 2011 **[Everest Software](https://millionrounds.com/company/everest-software)** Bought by Versata Enterprises **Undisclosed** Aug 2009 **[Lefthand Networks](https://millionrounds.com/company/lefthand-networks)** Bought by [Hewlett-Packard](https://millionrounds.com/fund/hewlett-packard) **$360M** Oct 2008 **[iLumin Software](https://millionrounds.com/company/ilumin-software)** Bought by [CA Technologies](https://millionrounds.com/fund/ca-technologies) **Undisclosed** Oct 2005 **[SafeRent](https://millionrounds.com/company/saferent)** Bought by [First American](https://millionrounds.com/fund/first-american) **Undisclosed** Nov 2002 An exit counts when it came after the firm's first round in the company. From historical deal records. New fund on file **$58M** raised in Jan 2026 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Seed Series A Series B Median round joined **$34M** the round, not its cheque Alone, median **$3.0M** Led 1 of 77 rounds **1%** - **Sole investor:** 3 rounds - **Last cheque:** Feb 2026 - **Exits:** 13 from the portfolio Rounds by stage said on their site - Series B said *20* - Series A said *19* - Venture *14* - Series C *12* - Series D *4* - Seed said *-* - Growth said *-* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [Vista Ventures](https://millionrounds.com/fund/vista-ventures) 9 - [Atlas Venture](https://millionrounds.com/fund/atlas-venture) 7 - [Grotech Ventures](https://millionrounds.com/fund/grotech-ventures) 7 - [Intersouth Partners](https://millionrounds.com/fund/intersouth-partners) 6 - [Peierls Foundation](https://millionrounds.com/fund/peierls-foundation) 6 - [Sequel Venture Partners](https://millionrounds.com/fund/sequel-venture-partners) 6 **Pitching Boulder 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 Boulder Ventures. A count of rooms they were both in, not a relationship either has claimed. [**Vista Ventures** Growth equity **9** rounds together](https://millionrounds.com/fund/vista-ventures)[**Atlas Venture** VC firm **7** rounds together](https://millionrounds.com/fund/atlas-venture)[**Grotech Ventures** VC firm **7** rounds together](https://millionrounds.com/fund/grotech-ventures)[**Intersouth Partners** VC firm **6** rounds together](https://millionrounds.com/fund/intersouth-partners)[**Peierls Foundation** Institutional LP **6** rounds together](https://millionrounds.com/fund/peierls-foundation)[**Sequel Venture Partners** VC firm **6** rounds together](https://millionrounds.com/fund/sequel-venture-partners)[**Foundry Group** VC firm **5** rounds together](https://millionrounds.com/fund/foundry)[**Ironside Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/ironside-ventures)[**The Hillman Company** Family office **5** rounds together](https://millionrounds.com/fund/the-hillman-company)[**Hexagon Investments** VC firm **4** rounds together](https://millionrounds.com/fund/hexagon-investments)[**High Country Venture** VC firm **4** rounds together](https://millionrounds.com/fund/high-country-ventures)[**New Enterprise Associates** VC firm **4** rounds together](https://millionrounds.com/fund/new-enterprise-associates) ## Recently backed The latest companies Boulder Ventures put money into. [**RapidFort** $42M · Feb 2026](https://millionrounds.com/company/rapidfort)[**DMC Biotechnologies** $34M · Dec 2021](https://millionrounds.com/company/dmc-biotechnologies)[**ArcherDx** $55M · Dec 2019](https://millionrounds.com/company/archerdx)[**Stardog** $9.0M · Oct 2019](https://millionrounds.com/company/stardog)[**SyncHR** $16M · Jul 2017](https://millionrounds.com/company/synchr) ## Quick answers about Boulder Ventures ### What does Boulder Ventures invest in? Boulder Ventures invests most often at Series B and Series A (57% of the rounds on record), in sectors such as IT and Biotech. ### How active is Boulder Ventures? 77 investments on record, 1 of them in the last 12 months, and it led 1. The most recent was in Feb 2026. ### What has Boulder Ventures invested in recently? Its most recent investments on record: RapidFort (Series A, Feb 2026), DMC Biotechnologies (Series B, Dec 2021) and ArcherDx (Series C, Dec 2019). ### How big are Boulder Ventures's cheques? The median round it joins is $34M. ### Does Boulder Ventures lead rounds? Sometimes: it led 1 of its 77 investments on record (1%). ### Where does Boulder Ventures invest? Most of the companies it backs are in the United States (98%). ### Is Boulder Ventures investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### Who does Boulder Ventures invest alongside? Most often Vista Ventures (9 rounds together), Atlas Venture (7 rounds together) and Grotech Ventures (7 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=boulder-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=boulder-ventures)