United States · 
What does Sierra Ventures invest in?
Sierra Ventures invests most often at Series A and Series B (47% of the rounds on record), in sectors such as Advanced Materials, Deep Tech and Infra.
Sierra Ventures highlights
- 01
11 cheques in the last 12 months
- 02
Mostly Series A and Series B: 47% of its rounds
- 03
Sole investor in 28 rounds, median $5.0M
- 04
37 exits from the portfolio
What they do
Early-stage venture capital for first-principles founders.From their own website
- Type
- VC firm (from a list, unverified)
- Cheque size
- $1.0M – $6.0M as they say
- Stages
- Pre-seedSeedSeries ASeries B
- Sectors
- Advanced MaterialsDeep TechInfra
- Based in
- San Mateo, United States
- Cold pitches
- Not stated
The record
Every round we can evidence, newest first271 appearances
- 2026
11 rounds
- Oct
- Oct
- Sept
- Sept
- Sept
- Aug
- Jul
- Jul
- Apr
- Mar
- Feb
- 2025
15 rounds
- Oct
- Oct
- Oct
- Oct
- Sept
- Aug
- Jul
- Jul
- Jun
- May
- Apr
- Apr
- Mar
- Feb
- Feb
- 2024
16 rounds
- Dec
- Nov
- Oct
- Oct
- Sept
- Sept
- Aug
- Aug
- Jul
- Mar
- Mar
- Mar
- Feb
- Feb
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 registration5 named
A(Aditya (Tim) GuleriA Managing Director of the General PartneriFiling they signed
JDJim DoehrmanOperating PartneriForm ADV
MJMark Joseph FernandesA Managing Director of the General PartneriFiling they signed
TGTim GuleriA Manager of the General PartneriFiling they signed
Y(Yunbei (Ben) YuA Managing Director of the General PartneriFiling they signed
We also hold 20 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
$2.0Bgross assets of its fundsOct 2026
Exemptreporting adviserventure or small private funds
- Legal name
- Sierra Ventures Management III, L.L.C.
- SEC number
- CRD 163849
What they claim to have backed
From their own portfolio page (on their website)
3 of 4 we have independently watched raise
ChronosphereLiberty Strategic CapitalNetskopeBankinfosecurity
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 listed37 in all
RazorsightBought by Synchronoss TechnologiesUndisclosedNov 2015
Code Green NetworksBought by Digital GuardianUndisclosedOct 2015
Tempo AIBought by SalesforceUndisclosedMay 2015
Meru NetworksBought by Fortinet$44MMay 2015
Bina TechnologiesBought by RocheUndisclosedDec 2014
NexgateBought by Proofpoint$35MOct 2014
Adometry By GoogleBought by GoogleUndisclosedMay 2014
SourcefireBought by Cisco$2.7BJul 2013
WebcollageBought by Answers CorporationUndisclosedMay 2013
Marathon TechnologiesBought by Stratus TechnologiesUndisclosedSept 2012
DynamicOpsBought by VMwareUndisclosedJul 2012
MultigigBought by Analog DevicesUndisclosedMar 2012
Micro Power ElectronicsBought by ElectrochemUndisclosedDec 2011
Red ArilBought by iCrossingUndisclosedDec 2011
ApprovaBought by Lawson SoftwareUndisclosedSept 2011
The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.