# GIC Special Investments: portfolio, investments and team

> GIC Special Investments is a growth equity. 3 investments on record, latest Feb 2004. Portfolio, stages, co-investors and team.

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

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

# GIC Special Investments

Last cheque observed Feb 2004. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Growth equity

Series B Venture

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 3 on record

Since the last cheque **8278** days **00** hrs **00** min **00** sec

Median round **$31M** Rounds led **0 of 3** Exits **2 from the portfolio**

Pitch GIC Special Investments

## GIC Special Investments highlights

- 01 3 rounds on record
- 02 Mostly Series B and Venture: 100% of its rounds
- 03 2 exits from the portfolio

## What they do

- **Type:** Growth equity (from a list, unverified)
- **Cheque size:** Not stated
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **3 appearances**

- **2004** 1 round
- **Feb** **[Cornice](https://millionrounds.com/company/cornice)** Series B · US · bizjournals.com **$51M** With 4 others
- **2003** 1 round
- **Mar** **[Arbortext](https://millionrounds.com/company/arbortext)** Venture · US **$8.8M** With 3 others
- **2002** 1 round
- **May** **[Spinnaker Networks](https://millionrounds.com/company/spinnaker-networks)** Series B **$31M** 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.

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[Arbortext](https://millionrounds.com/company/arbortext)** Bought by PTC Inc **$190M** Jul 2005

**[Spinnaker Networks](https://millionrounds.com/company/spinnaker-networks)** Bought by [NetApp](https://millionrounds.com/fund/netapp) **Undisclosed** Nov 2003

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

## The cheque

Series B Venture

Median round joined **$31M** the round, not its cheque

Led 0 of 3 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Feb 2004
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Series B *2*
- Venture *1*

Cheques by year Led Joined

2002 2004

Often in the room with

- [Norwest Venture Partners](https://millionrounds.com/fund/norwest) 2

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## Who they invest alongside

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

[**Norwest Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/norwest)

## Quick answers about GIC Special Investments

### What does GIC Special Investments invest in?

GIC Special Investments invests most often at Series B and Venture (100% of the rounds on record).

### How active is GIC Special Investments?

3 investments on record, 0 of them in the last 12 months. The most recent was in Feb 2004.

### How big are GIC Special Investments's cheques?

The median round it joins is $31M.

### Is GIC Special Investments investing now?

No investments in the last 12 months; the latest was in Feb 2004.

### Who does GIC Special Investments invest alongside?

Most often Norwest Venture Partners (2 rounds together).

### What kind of investor is GIC Special Investments?

GIC Special Investments is a growth equity firm.

### Where does this information on GIC Special Investments come from?

From 1 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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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=gic-special-investments) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=gic-special-investments)
