# Verizon Ventures: portfolio, investments and team

> Verizon Ventures is a corporate vc based in United States. 71 investments on record, latest Aug 2019. Portfolio, stages, co-investors and team.

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

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

# Verizon Ventures

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

Quiet Corporate VC

Pre-seed Seed Series A Videogame Videogames Audio/voice

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 71 on record

Since the last cheque **2632** days **00** hrs **00** min **00** sec

Median round **$19M** Cheque size, as they say **$100K – $50M** Rounds led **1 of 71** Sole investor **10 rounds** Exits **7 from the portfolio** Mostly in **United States, 86%**

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## Verizon Ventures highlights

- 01 71 rounds on record
- 02 Mostly Series B and Series A: 49% of its rounds
- 03 Sole investor in 10 rounds, median $2.0M
- 04 7 exits from the portfolio

## What they do

- **Type:** Corporate VC (from a list, unverified)
- **Cheque size:** $100K – $50M as they say
- **Stages:** Pre-seed Seed Series A Series B Growth Pre-IPO
- **Sectors:** Videogame Videogames Audio/voice
- **Based in:** Basking Ridge, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **71 appearances**

- **2019** 2 rounds
- **Aug** **[Light Field Lab](https://millionrounds.com/company/light-field-lab)** US · VentureBeat **$28M** With 11 others
- **May** **Voom** Series A · IL · FinSMEs **$5.0M** With 3 others
- **2018** 8 rounds
- **Dec** **Optibus** Series B · IL · En **$40M** With 4 others
- **Oct** **[YourMechanic](https://millionrounds.com/company/yourmechanic)** Series B · CA · Vator **$10M** With 8 others
- **Oct** **[OmniSci](https://millionrounds.com/company/omnisci)** Series C · US · FinSMEs **$55M** With 4 others
- **Jun** **[CloudBees](https://millionrounds.com/company/cloudbees)** US · FinSMEs **$62M** With 5 others
- **Jun** **[Urban Airship](https://millionrounds.com/company/urban-airship)** Series F · US · FinSMEs **$25M** With 5 others
- **Mar** **[Adstage](https://millionrounds.com/company/adstage)** US · FinSMEs **$3.0M** With 2 others
- **Mar** **[Edgybees](https://millionrounds.com/company/edgybees)** US · TechCrunch **$5.5M** With 4 others
- **Jan** **[PrecisionHawk](https://millionrounds.com/company/precisionhawk)** US · FinSMEs **$75M** With 9 others
- **2017** 7 rounds
- **Oct** **[Urgent.ly](https://millionrounds.com/company/urgent-ly)** Series B · US · FinSMEs **$10M** With 2 others
- **Jun** **Playsight** IL · Forbes **$11M** With 1 other
- **May** **[Brit + Co](https://millionrounds.com/company/brit-co)** US · FinSMEs **$15M** Sole investor
- **Apr** **[Renovo](https://millionrounds.com/company/renovo)** US · Vcnewsdaily **$10M** Sole investor
- **Mar** **[Filament](https://millionrounds.com/company/filament)** US · FinSMEs **$15M** With 9 others
- **Mar** **[MapD Technologies](https://millionrounds.com/company/mapd-technologies)** Series B · US · FinSMEs **$25M** With 2 others
- **Feb** **[8i](https://millionrounds.com/company/8i)** Series B · NZ · FinSMEs **$27M** With 8 others
- **2016** 3 rounds
- **Nov** **[Veniam](https://millionrounds.com/company/veniam)** **$22M** *Led*
- **Sept** **[AdStage](https://millionrounds.com/company/adstage)** US · VentureBeat **$2.0M** Sole investor
- **Jan** **[YourMechanic](https://millionrounds.com/company/yourmechanic)** **$24M** With 54 others
- **2015** 16 rounds
- **Nov** **[Versa Networks](https://millionrounds.com/company/versa-networks)** Series B · US **$43M** With 1 other
- **Sept** **[Urgent.ly](https://millionrounds.com/company/urgent-ly)** Series A · US **$7.0M** With 2 others
- **Aug** **[Filament](https://millionrounds.com/company/filament)** Series A · US **$5.0M** With 8 others
- **Aug** **[CENX](https://millionrounds.com/company/cenx)** Series D · US **$13M** With 4 others
- **Jun** **[Wise Systems](https://millionrounds.com/company/wise-systems)** Seed **$120K** With 3 others
- **Jun** **[Classics&Exotics](https://millionrounds.com/company/classics-and-exotics)** Seed **$120K** With 2 others
- **Jun** **[Cosmos Labs](https://millionrounds.com/company/cosmos-labs)** Seed **$120K** With 3 others
- **Jun** **[Elegus Technologies](https://millionrounds.com/company/elegus-technologies)** Seed · US **$170K** With 3 others
- **Jun** **[Revio](https://millionrounds.com/company/revio)** Seed · US **$120K** With 2 others
- **Jun** **[Splitting Fares (SPLT)](https://millionrounds.com/company/splitting-fares-splt)** Seed · US **$145K** With 2 others
- **Jun** **[SimplyTapp](https://millionrounds.com/company/simplytapp)** US **Undisclosed** Sole investor
- **Apr** **[Skyward](https://millionrounds.com/company/skyward)** Seed · US **$4.1M** With 6 others
- **Feb** **[CENX](https://millionrounds.com/company/cenx)** US **Undisclosed** With 5 others
- **Feb** **[Urban Airship](https://millionrounds.com/company/urban-airship)** Series D · US **$9.0M** With 4 others
- **Feb** **[School Yourself](https://millionrounds.com/company/school-yourself)** Grant · US **$250K** Sole investor
- **Jan** **[CloudBees](https://millionrounds.com/company/cloudbees)** Series D · US **$24M** With 3 others
- **2014** 10 rounds
- **Nov** **[Kiip](https://millionrounds.com/company/kiip)** Venture · US **Undisclosed** With 1 other
- **Nov** **[Driversiti](https://millionrounds.com/company/driversiti)** Series A · US **$5.0M** With 1 other
- **Oct** **[Flint](https://millionrounds.com/company/flint)** Series C · US **$9.4M** With 4 others
- **Sept** **[Kinvey](https://millionrounds.com/company/kinvey)** Series B · US **$11M** 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.

## The team

We hold **14** 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 **7 in all**

**[ConteXtream](https://millionrounds.com/company/contextream)** Bought by HP Software **Undisclosed** May 2015

**[Zenverge](https://millionrounds.com/company/zenverge)** Bought by [Freescale Semiconductor](https://millionrounds.com/fund/nxp-semiconductors) **Undisclosed** Dec 2014

**[RUN](https://millionrounds.com/company/run)** Bought by Starcom MediaVest Group **Undisclosed** Oct 2014

**[Skyfire Labs](https://millionrounds.com/company/skyfire-labs)** Bought by [Opera](https://millionrounds.com/fund/opera) **$155M** Feb 2013

**[CardStar](https://millionrounds.com/company/cardstar)** Bought by Constant Contact **Undisclosed** Jan 2012

**[VideoSurf](https://millionrounds.com/company/videosurf)** Bought by [Microsoft](https://millionrounds.com/fund/microsoft) **$100M** Nov 2011

**[Networks in Motion](https://millionrounds.com/company/networks-in-motion)** Bought by TeleCommunication Systems **$170M** Dec 2009

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

## The cheque

Pre-seed Seed Series A

Median round joined **$19M** the round, not its cheque Alone, median **$2.0M**

Led 1 of 71 rounds **1%**

- **Said size:** $100K – $50M
- **Sole investor:** 10 rounds
- **Last cheque:** Aug 2019
- **Exits:** 7 from the portfolio

Rounds by stage said on their site

- Series B said *12*
- Series A said *11*
- Seed said *9*
- Venture *8*
- Series C *7*
- Pre-seed said *-*
- Growth said *-*

Cheques by year Led Joined

2004 2019

Often in the room with

- [Techstars](https://millionrounds.com/fund/techstars) 8
- [Fontinalis Partners](https://millionrounds.com/fund/fontinalis-partners) 6
- [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) 5
- [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) 5
- [Norwest Venture Partners](https://millionrounds.com/fund/norwest) 5
- [Matrix Partners](https://millionrounds.com/fund/matrix-partners) 4

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## Who they invest alongside

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

[**Techstars** VC firm **8** rounds together](https://millionrounds.com/fund/techstars)[**Fontinalis Partners** VC firm **6** rounds together](https://millionrounds.com/fund/fontinalis-partners)[**DCM Ventures** Private equity **5** rounds together](https://millionrounds.com/fund/dcm-ventures)[**Lightspeed Venture Partners** VC firm **5** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners)[**Norwest Venture Partners** VC firm **5** rounds together](https://millionrounds.com/fund/norwest)[**Matrix Partners** VC firm **4** rounds together](https://millionrounds.com/fund/matrix-partners)[**True Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/true-ventures-2)[**Acadia Woods Partners** VC firm **3** rounds together](https://millionrounds.com/fund/acadia-woods-partners)[**CID Group** Private equity **3** rounds together](https://millionrounds.com/fund/the-cid-group)[**Lerer Hippeau** VC firm **3** rounds together](https://millionrounds.com/fund/lerer-hippeau)[**Metamorphic Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/metamorphic-ventures)[**Ted Serbinski** Angel **3** rounds together](https://millionrounds.com/fund/ted-serbinski)

## Recently backed

The latest companies Verizon Ventures put money into.

[**Light Field Lab** $28M · Aug 2019](https://millionrounds.com/company/light-field-lab)[**CloudBees** $62M · Jun 2018](https://millionrounds.com/company/cloudbees)[**Adstage** $3.0M · Mar 2018](https://millionrounds.com/company/adstage)[**Edgybees** $5.5M · Mar 2018](https://millionrounds.com/company/edgybees)[**PrecisionHawk** $75M · Jan 2018](https://millionrounds.com/company/precisionhawk)[**Urgent.ly** $10M · Oct 2017](https://millionrounds.com/company/urgent-ly)

## Quick answers about Verizon Ventures

### What does Verizon Ventures invest in?

Verizon Ventures invests most often at Series B and Series A (49% of the rounds on record), in sectors such as Videogame, Videogames and Audio/voice.

### How active is Verizon Ventures?

71 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Aug 2019.

### What has Verizon Ventures invested in recently?

Its most recent investments on record: Light Field Lab (Undisclosed round, Aug 2019), Voom (Series A, May 2019) and Optibus (Series B, Dec 2018).

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

The median round it joins is $19M. It says it writes cheques of $100K to $50M.

### Does Verizon Ventures lead rounds?

Sometimes: it led 1 of its 71 investments on record (1%).

### Where does Verizon Ventures invest?

Most of the companies it backs are in the United States (86%) and Israel (9%).

### Is Verizon Ventures investing now?

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

### Who does Verizon Ventures invest alongside?

Most often Techstars (8 rounds together), Fontinalis Partners (6 rounds together) and DCM Ventures (5 rounds together).

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