# Granite Ventures: portfolio, investments and team

> Granite Ventures is a vc firm based in United States. 129 investments on record, latest Aug 2019. Portfolio, stages, co-investors and team.

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

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

# Granite Ventures

Last cheque observed Aug 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet New fund $1.3M, Nov 2017 VC firm

Seed Series A Series B Hardware Internet Venture Capital & Private Equity

Follow Granite Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fgranite-ventures)

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 129 on record

Since the last cheque **2637** days **00** hrs **00** min **00** sec

Median round **$100M** Rounds led **0 of 129** Sole investor **7 rounds** Exits **28 from the portfolio** Mostly in **United States, 100%**

Pitch Granite Ventures

## Granite Ventures highlights

- 01 129 rounds on record
- 02 Mostly Series B and Series C: 50% of its rounds
- 03 Sole investor in 7 rounds, median $2.6M
- 04 28 exits from the portfolio

## What they do

> Granite Ventures | Partners for Technology Leaders From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth Pre-IPO
- **Sectors:** Hardware Internet Venture Capital & Private Equity
- **Based in:** San Francisco, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **129 appearances**

- **2019** 1 round
- **Aug** **[Lucidworks](https://millionrounds.com/company/lucidworks)** US · FinSMEs **$100M** With 5 others
- **2015** 6 rounds
- **Oct** **[Marqeta](https://millionrounds.com/company/marqeta)** Series C · US **$25M** With 5 others
- **Jun** **[HireVue](https://millionrounds.com/company/hirevue)** Series E · US **$45M** With 5 others
- **Apr** **[HyTrust](https://millionrounds.com/company/hytrust)** Series D · US **$25M** With 8 others
- **Mar** **[Agilence](https://millionrounds.com/company/agilence)** Venture · US **$4.3M** With 4 others
- **Feb** **[Telltale Games](https://millionrounds.com/company/telltale-games)** Series D · US **$40M** With 1 other
- **Jan** **[BlockCypher](https://millionrounds.com/company/blockcypher)** Seed · US **$3.1M** With 20 others
- **2014** 11 rounds
- **Oct** **[Fastback Networks](https://millionrounds.com/company/fastback-networks)** Series C · US **$15M** With 4 others
- **Oct** **[Motiv](https://millionrounds.com/company/motiv)** Debt · US **$1.0M** With 2 others
- **Oct** **[Sense Platform](https://millionrounds.com/company/sense-platform)** Seed · US **$1.1M** With 2 others
- **Sept** **[Hobo Labs](https://millionrounds.com/company/hobo-labs)** Series A · US **$4.0M** With 1 other
- **Aug** **[Lucidworks](https://millionrounds.com/company/lucidworks)** Series D · US **$21M** With 2 others
- **May** **[Survios](https://millionrounds.com/company/survios)** Series A · US **$4.0M** With 4 others
- **May** **[Anaplan](https://millionrounds.com/company/anaplan)** Series D · US **$100M** With 7 others
- **Apr** **[Smule](https://millionrounds.com/company/smule)** Series E · US **$17M** With 2 others
- **Mar** **[Mechio, Inc. (DBA Motiv)](https://millionrounds.com/company/mechio-inc-dba-motiv)** Seed · US **$1.2M** Sole investor
- **Feb** **[Workboard](https://millionrounds.com/company/workboard)** Series A · US **$2.8M** With 3 others
- **Jan** **[AirPair](https://millionrounds.com/company/airpair)** Seed · US **Undisclosed** With 3 others
- **2013** 12 rounds
- **Oct** **[HireVue](https://millionrounds.com/company/hirevue)** Series D · US · techcrunch.com **$25M** With 5 others
- **Aug** **[Martini Media](https://millionrounds.com/company/martini-media)** Series D · US · techcrunch.com **$14M** With 3 others
- **Aug** **[Pelican Imaging](https://millionrounds.com/company/pelican-imaging)** Series C · US · finsmes.com **Undisclosed** With 4 others
- **Aug** **[HyTrust](https://millionrounds.com/company/hytrust)** Series C · US · finsmes.com **$19M** With 6 others
- **Jul** **[AirTight Networks](https://millionrounds.com/company/airtight-networks)** Series D · US · finsmes.com **$10M** With 5 others
- **May** **[Pelican Imaging](https://millionrounds.com/company/pelican-imaging)** Series C · US · finsmes.com **$20M** With 4 others
- **May** **[Marqeta](https://millionrounds.com/company/marqeta)** Series B · US · techcrunch.com **$14M** With 3 others
- **May** **[Lucidworks](https://millionrounds.com/company/lucidworks)** Series C · US · venturebeat.com **$10M** With 2 others
- **May** **[Fastback Networks](https://millionrounds.com/company/fastback-networks)** Series B · US · venturebeat.com **$15M** With 3 others
- **Apr** **[Quantance](https://millionrounds.com/company/quantance)** Series D · US · pevc.dowjones.com **$12M** With 4 others
- **Mar** **[Anaplan](https://millionrounds.com/company/anaplan)** Series C · US · techcrunch.com **$33M** With 3 others
- **Jan** **[Marqeta](https://millionrounds.com/company/marqeta)** Growth · US **$16M** Sole investor
- **2012** 7 rounds
- **Oct** **[Aspen Avionics](https://millionrounds.com/company/aspen-avionics)** Venture · US · finsmes.com **$13M** With 5 others
- **Aug** **[HireVue](https://millionrounds.com/company/hirevue)** Series C · US · techcrunch.com **$22M** With 3 others
- **Aug** **[YottaMark](https://millionrounds.com/company/yottamark)** Series D · US · news.yahoo.com **$24M** With 4 others
- **Aug** **[Rewarder](https://millionrounds.com/company/rewarder)** Series A · US **$7.0M** With 6 others
- **Apr** **[Ozmo Devices](https://millionrounds.com/company/ozmo-devices)** Venture · US **$6.0M** With 1 other
- **Feb** **[Lucidworks](https://millionrounds.com/company/lucidworks)** Growth · US · sec.gov **$6.0M** With 2 others
- **Jan** **[Anaplan](https://millionrounds.com/company/anaplan)** Series B · US · finsmes.com **$11M** With 1 other
- **2011** 10 rounds
- **Dec** **[Martini Media](https://millionrounds.com/company/martini-media)** Venture · US · techcrunch.com **$13M** With 3 others
- **Oct** **[Smule](https://millionrounds.com/company/smule)** Series D · US · techcrunch.com **$12M** With 2 others
- **Sept** **[Quantance](https://millionrounds.com/company/quantance)** Series C · US · freshnews.com **$11M** With 4 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

Named by the firm itself, on a filing, its Form ADV or its company registration **6 named**

CH **Chris Hollenbeck** Chris Hollenbeck is a Member of Granite Ventures, LLC. Granite Ventures, LLC is General Partner of GV Anaplan SPV, L.P. (Issuer). i Filing they signed

CM **Chris McKay** Chris McKay is a Member of Granite Ventures, LLC. Granite Ventures, LLC is General Partner of GV Anaplan SPV, L.P. (Issuer). i Filing they signed

EZ **Eric Zimits** Eric Zimits is a Member of Granite Ventures, LLC. Granite Ventures, LLC is General Partner of GV Anaplan SPV, L.P. (Issuer). i Filing they signed

JB **Jackie Berterretche** Jackie Berterretche is Manager/Member of Granite Ventures, LLC. Granite Ventures, LLC is General Partner of GV Anaplan SPV, L.P. (Issuer). i Filing they signed

JB **Jacqueline Berterretche** Executive Officer i Filing they signed

SO **Standish O'Grady** Standish O'Grady is a Member of Granite Ventures, LLC. Granite Ventures, LLC is General Partner of GV Anaplan SPV, L.P. (Issuer). i Filing they signed

We also hold **6** 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.

Who backs their funds

## 1 LP on record in Granite Ventures's funds

- **Committed:** $25M
- **Funds:** 1
- **Vintages:** 2005

The institutions that put money into its funds, which the firm then invests in companies. Source: the pension's own report, latest Sept 2025.

- [**Oregon Public Employees Retirement Fund** 1 fund *$25M*](https://millionrounds.com/fund/oregon-public-employees) Fund Vintage Committed Granite Ventures II 2005 $25M

## What they claim to have backed

From their own portfolio page (on their website)

**7** of 8 we have independently watched raise

[Airbnb](https://millionrounds.com/company/airbnb)[Hirevue](https://millionrounds.com/company/hirevue)[Lucidworks](https://millionrounds.com/company/lucidworks)[Marqeta](https://millionrounds.com/company/marqeta)[Smule](https://millionrounds.com/company/smule)[Survios](https://millionrounds.com/company/survios)[Workboard](https://millionrounds.com/company/workboard) Stancebranding

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **28 in all**

**[Martini Media](https://millionrounds.com/company/martini-media)** Bought by Evolve Media, LLC **Undisclosed** Jun 2015

**[Mixamo](https://millionrounds.com/company/mixamo)** Bought by [Adobe Systems](https://millionrounds.com/fund/adobe-systems) **Undisclosed** Jun 2015

**[Empowered Careers](https://millionrounds.com/company/empowered-careers)** Bought by [Qualcomm Incorporated](https://millionrounds.com/fund/qualcomm-incorporated) **Undisclosed** Jul 2014

**[Indicee](https://millionrounds.com/company/indicee)** Bought by [Dun & Bradstreet](https://millionrounds.com/fund/dun-and-bradstreet) **Undisclosed** Apr 2014

**[Skytide](https://millionrounds.com/company/skytide)** Bought by [Citrix](https://millionrounds.com/fund/citrix) **Undisclosed** Dec 2013

**[Ozmo Devices](https://millionrounds.com/company/ozmo-devices)** Bought by Atmel **Undisclosed** Dec 2012

**[Localmind](https://millionrounds.com/company/localmind)** Bought by [Airbnb](https://millionrounds.com/fund/airbnb) **Undisclosed** Dec 2012

**[Connected Corporation](https://millionrounds.com/company/connected-corporation)** Bought by [Iron Mountain](https://millionrounds.com/fund/iron-mountain) **Undisclosed** Oct 2012

**[DecisionView](https://millionrounds.com/company/decisionview)** Bought by [IMS Health](https://millionrounds.com/fund/ims-health) **Undisclosed** Apr 2012

**[Convio](https://millionrounds.com/company/convio)** Bought by Blackbaud **$294M** Jan 2012

**[Auditude](https://millionrounds.com/company/auditude)** Bought by [Adobe Systems](https://millionrounds.com/fund/adobe-systems) **$120M** Nov 2011

**[Fulcrum Microsystems](https://millionrounds.com/company/fulcrum-microsystems)** Bought by [Intel](https://millionrounds.com/fund/intel) **Undisclosed** Jul 2011

**[SPS Commerce](https://millionrounds.com/company/sps-commerce)** Bought by GE Intelligent Platforms **Undisclosed** Jan 2011

**[Zeugma Systems](https://millionrounds.com/company/zeugma-systems)** Bought by [Tellabs](https://millionrounds.com/fund/tellabs) **Undisclosed** Nov 2010

**[PSS Systems](https://millionrounds.com/company/pss-systems)** Bought by [IBM (International Business Machines)](https://millionrounds.com/fund/ibm-international-business-machines) **Undisclosed** Oct 2010

**[Arcot Systems](https://millionrounds.com/company/arcot-systems)** Bought by [CA Technologies](https://millionrounds.com/fund/ca-technologies) **Undisclosed** Oct 2010

**[TuVox](https://millionrounds.com/company/tuvox)** Bought by westinteractive **Undisclosed** Jul 2010

**[Biz360](https://millionrounds.com/company/biz360)** Bought by Attensity **Undisclosed** Apr 2010

**[Convio](https://millionrounds.com/company/convio)** Listed **Undisclosed** Apr 2010

**[SPS Commerce](https://millionrounds.com/company/sps-commerce)** Listed **Undisclosed** Apr 2010

The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$1.3M**

raised in Nov 2017

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 **$100M** the round, not its cheque Alone, median **$2.6M**

Led 0 of 129 rounds **0%**

- **Sole investor:** 7 rounds
- **Last cheque:** Aug 2019
- **Exits:** 28 from the portfolio

Rounds by stage said on their site

- Series B said *31*
- Series C *28*
- Series A said *20*
- Series D *18*
- Venture *16*
- Seed said *6*
- Growth said *-*

Cheques by year Led Joined

2000 2019

Often in the room with

- [Shasta Ventures](https://millionrounds.com/fund/shasta-ventures) 12
- [Adobe](https://millionrounds.com/fund/adobe) 11
- [Austin Ventures](https://millionrounds.com/fund/austin-ventures) 9
- [InterWest Partners](https://millionrounds.com/fund/interwest-partners) 8
- [Foundation Capital](https://millionrounds.com/fund/foundation-capital) 7
- [Trident Capital](https://millionrounds.com/fund/trident-capital) 7

**Pitching Granite Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

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

[**Shasta Ventures** VC firm **12** rounds together](https://millionrounds.com/fund/shasta-ventures)[**Adobe** Company **11** rounds together](https://millionrounds.com/fund/adobe)[**Austin Ventures** VC firm **9** rounds together](https://millionrounds.com/fund/austin-ventures)[**InterWest Partners** VC firm **8** rounds together](https://millionrounds.com/fund/interwest-partners)[**Foundation Capital** VC firm **7** rounds together](https://millionrounds.com/fund/foundation-capital)[**Trident Capital** VC firm **7** rounds together](https://millionrounds.com/fund/trident-capital)[**Walden International** VC firm **7** rounds together](https://millionrounds.com/fund/walden-international)[**Allegis Capital** VC firm **5** rounds together](https://millionrounds.com/fund/allegis-capital)[**Greylock** VC firm **5** rounds together](https://millionrounds.com/fund/greylock-partners)[**Intel Capital** Corporate VC **5** rounds together](https://millionrounds.com/fund/intel-capital)[**ATA Ventures** Growth equity **4** rounds together](https://millionrounds.com/fund/ata-ventures)[**Bessemer Venture Partners** VC firm **4** rounds together](https://millionrounds.com/fund/bessemer-venture-partners)

## Recently backed

The latest companies Granite Ventures put money into.

[**Lucidworks** $100M · Aug 2019](https://millionrounds.com/company/lucidworks)

## Quick answers about Granite Ventures

### What does Granite Ventures invest in?

Granite Ventures invests most often at Series B and Series C (50% of the rounds on record), in sectors such as Hardware, Internet and Venture Capital & Private Equity.

### How active is Granite Ventures?

129 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2019.

### What has Granite Ventures invested in recently?

Its most recent investments on record: Lucidworks (Undisclosed round, Aug 2019).

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

The median round it joins is $100M.

### Does Granite Ventures lead rounds?

Rarely, if at all: none of its 129 investments on record names it as the lead.

### Where does Granite Ventures invest?

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

### Is Granite Ventures investing now?

No investments in the last 12 months; the latest was in Aug 2019.

### Who does Granite Ventures invest alongside?

Most often Shasta Ventures (12 rounds together), Adobe (11 rounds together) and Austin Ventures (9 rounds together).

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