# Meritage Funds: portfolio, investments and team > Meritage Funds is a vc firm. 32 investments on record, latest Mar 2018. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/meritage-funds (Millionrounds; every figure on the page links to its filing or article) [Investor](https://millionrounds.com/investors) # Meritage Funds Last cheque observed Mar 2018. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Quiet VC firm Venture Series A Series B Cheques on record **0%** of best year **0** **cheques in 12 months**, 32 on record Since the last cheque **3147** days **00** hrs **00** min **00** sec Median round **$11M** Rounds led **0 of 32** Sole investor **3 rounds** Exits **4 from the portfolio** Mostly in **United States, 97%** Pitch Meritage Funds ## Meritage Funds highlights - 01 32 rounds on record - 02 Mostly Venture and Series A: 52% of its rounds - 03 Sole investor in 3 rounds, median $4.0M - 04 4 exits from the portfolio ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **32 appearances** - **2018** 1 round - **Mar** **[Faction](https://millionrounds.com/company/faction)** Series B · US · FinSMEs **$18M** With 3 others - **2017** 1 round - **Jan** **[Faction](https://millionrounds.com/company/faction)** US · FinSMEs **$11M** With 3 others - **2016** 1 round - **Oct** **[CaliberMind](https://millionrounds.com/company/calibermind)** Seed · US · FinSMEs **$1.1M** With 2 others - **2015** 1 round - **Oct** **[SmartSky Networks](https://millionrounds.com/company/smartsky-networks)** US **Undisclosed** With 2 others - **2014** 3 rounds - **Nov** **[Peak®](https://millionrounds.com/company/peak)** Venture · US **$9.0M** With 2 others - **Apr** **[Generation Tux](https://millionrounds.com/company/generation-tux)** Series A · US **$25M** With 11 others - **Jan** **[Peak®](https://millionrounds.com/company/peak)** Venture · US **$4.0M** With 1 other - **2013** 3 rounds - **Aug** **[SMB Suite](https://millionrounds.com/company/smb-suite)** Growth · US · pehub.com **$3.0M** Sole investor - **May** **[Peak®](https://millionrounds.com/company/peak)** Growth · US · builtindenver.com **$1.5M** With 1 other - **Jan** **[Peak®](https://millionrounds.com/company/peak)** US **Undisclosed** With 1 other - **2012** 4 rounds - **Sept** **[Peak®](https://millionrounds.com/company/peak)** Venture · US · prnewswire.com **$7.5M** With 1 other - **Sept** **[Datavail](https://millionrounds.com/company/datavail)** Series C · US · finsmes.com **$4.3M** With 2 others - **Jun** **[EdgeConneX](https://millionrounds.com/company/edgeconnex)** Series B · US **$7.5M** With 1 other - **Jan** **[Digital Fortress](https://millionrounds.com/company/digital-fortress)** US **Undisclosed** Sole investor - **2011** 2 rounds - **Sept** **[Commerce Sync](https://millionrounds.com/company/commerce-sync)** Venture · US · freshnews.com **$21M** With 3 others - **Apr** **[Crisp Media](https://millionrounds.com/company/crisp-media)** Series C · US · techcrunch.com **$6.0M** With 2 others - **2008** 4 rounds - **Oct** **[Crisp Media](https://millionrounds.com/company/crisp-media)** Series B · US · equityhelpdesk.com **$5.0M** Sole investor - **Sept** **[MT DIGITAL MEDIA](https://millionrounds.com/company/mt-digital-media)** Venture · GB · thealarmclock.com **$32M** With 1 other - **Apr** **[Fixmo Carrier Services](https://millionrounds.com/company/fixmo-carrier-services)** Series A · US **$2.0M** With 1 other - **Apr** **[Commerce Sync](https://millionrounds.com/company/commerce-sync)** Series C · US · pr-inside.com **$17M** With 4 others - **2007** 2 rounds - **Feb** **[Veeker](https://millionrounds.com/company/veeker)** Series A · US · inbabble.wordpress.com **$2.5M** With 1 other - **Jan** **[Mobile Content Networks](https://millionrounds.com/company/mobile-content-networks)** Series B · US · mcn-inc.com **$10M** With 4 others - **2006** 1 round - **Oct** **[Mobile Content Networks](https://millionrounds.com/company/mobile-content-networks)** Series A · US · deals.venturebeat.com **$6.0M** With 3 others - **2005** 2 rounds - **Nov** **[Shock Treatment Management](https://millionrounds.com/company/shock-treatment-management)** Series A · US **$4.0M** With 1 other - **Mar** **[Masergy Communications](https://millionrounds.com/company/masergy-communications)** Series C · US **$30M** With 2 others - **2003** 3 rounds - **Sept** **[Atreus Systems](https://millionrounds.com/company/atreus-systems)** Series C **$13M** With 6 others - **Jun** **[Xaffire Inc](https://millionrounds.com/company/xaffire-inc)** Venture · US **$13M** With 2 others - **Mar** **[Masergy Communications](https://millionrounds.com/company/masergy-communications)** Series B · US **$31M** With 1 other - **2002** 1 round - **Aug** **[NuVox](https://millionrounds.com/company/nuvox)** Growth · US **$79M** With 9 others - **2001** 2 rounds - **Sept** **[NuVox](https://millionrounds.com/company/nuvox)** Venture · US **$87M** With 5 others - **Mar** **[Matrix](https://millionrounds.com/company/matrix)** Series A · US **$12M** With 1 other - **2000** 1 round - **Aug** **[Ecrix](https://millionrounds.com/company/ecrix)** Venture · US **$20M** 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 We hold **4** 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 **4 in all** **[Masergy Communications](https://millionrounds.com/company/masergy-communications)** Bought by [ABRY Partners](https://millionrounds.com/fund/abry-partners) **Undisclosed** Jun 2011 **[NuVox](https://millionrounds.com/company/nuvox)** Bought by Windstream **$643M** Nov 2009 **[Atreus Systems](https://millionrounds.com/company/atreus-systems)** Bought by Sonus Networks **Undisclosed** Feb 2009 **[Ecrix](https://millionrounds.com/company/ecrix)** Bought by Exabyte Corporation **Undisclosed** Aug 2001 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Venture Series A Series B Median round joined **$11M** the round, not its cheque Alone, median **$4.0M** Led 0 of 32 rounds **0%** - **Sole investor:** 3 rounds - **Last cheque:** Mar 2018 - **Exits:** 4 from the portfolio Rounds by stage said on their site - Venture *8* - Series A *6* - Series B *5* - Series C *5* - Growth *3* Cheques by year Led Joined 2000 2018 Often in the room with - [Sweetwater Holdings Company](https://millionrounds.com/fund/sweetwater-holdings-company) 5 - [Centennial Funds](https://millionrounds.com/fund/centennial-funds) 2 - [Centennial Ventures](https://millionrounds.com/fund/centennial-ventures) 2 - [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) 2 - [Intel Capital](https://millionrounds.com/fund/intel-capital) 2 - [JP Morgan](https://millionrounds.com/fund/jpmorgan) 2 **Pitching Meritage Funds?** 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 Meritage Funds. A count of rooms they were both in, not a relationship either has claimed. [**Sweetwater Holdings Company** Private equity **5** rounds together](https://millionrounds.com/fund/sweetwater-holdings-company)[**Centennial Funds** Hedge fund **2** rounds together](https://millionrounds.com/fund/centennial-funds)[**Centennial Ventures** Growth equity **2** rounds together](https://millionrounds.com/fund/centennial-ventures)[**Goldman Sachs** Private equity **2** rounds together](https://millionrounds.com/fund/goldman-sachs)[**Intel Capital** Corporate VC **2** rounds together](https://millionrounds.com/fund/intel-capital)[**JP Morgan** Investment bank **2** rounds together](https://millionrounds.com/fund/jpmorgan)[**Mobius Venture Capital** Growth equity **2** rounds together](https://millionrounds.com/fund/mobius-venture-capital)[**Richland Capital Holdings** Investment firm **2** rounds together](https://millionrounds.com/fund/richland-capital-holdings)[**TTV Capital** VC firm **2** rounds together](https://millionrounds.com/fund/ttv-capital)[**Venrock** VC firm **2** rounds together](https://millionrounds.com/fund/venrock)[**Whitney & Co.** Investment firm **2** rounds together](https://millionrounds.com/fund/whitney-and-co) ## Recently backed The latest companies Meritage Funds put money into. [**Faction** $18M · Mar 2018](https://millionrounds.com/company/faction)[**CaliberMind** $1.1M · Oct 2016](https://millionrounds.com/company/calibermind) ## Quick answers about Meritage Funds ### What does Meritage Funds invest in? Meritage Funds invests most often at Venture and Series A (52% of the rounds on record). ### How active is Meritage Funds? 32 investments on record, 0 of them in the last 12 months. The most recent was in Mar 2018. ### What has Meritage Funds invested in recently? Its most recent investments on record: Faction (Series B, Mar 2018) and CaliberMind (Seed, Oct 2016). ### How big are Meritage Funds's cheques? The median round it joins is $11M. ### Does Meritage Funds lead rounds? Rarely, if at all: none of its 32 investments on record names it as the lead. ### Where does Meritage Funds invest? Most of the companies it backs are in the United States (97%). ### Is Meritage Funds investing now? No investments in the last 12 months; the latest was in Mar 2018. ### Who does Meritage Funds invest alongside? Most often Sweetwater Holdings Company (5 rounds together), Centennial Funds (2 rounds together) and Centennial Ventures (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=meritage-funds) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=meritage-funds)