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      Office Locations:
 
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345 N. Maple Dr. Ste 277Beverly Hills, CA 90210
 Phone: 310-271-1600
 
 
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Information Technology
Software & Internet 
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Founded 1996, Third Wave Ventures is a venture capital firm that specializes in investing in new technologies. Babak Razi founded Third Wave Ventures in 1996 to help guide the growth of emerging high technology companies in Southern California. Among his endeavors, Babak was an early founder of Innovent Systems, which was acquired by Broadcom Corporation (Nasdaq: BRCM) for $705M and now forms the core of Broadcom's wireless group. Babak currently serves on the Board of Directors of WiLinx Corporation and Ostendo Technologies. Prior to founding Third Wave, Babak was a principal at Grosvenor Holdings, a real estate development firm. 
			 
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                                Investment Firm Key
                                 VC = Venture Capital
 PE = Private Equity
 A = Angel
 I = Incubator
 MB = Merchant Bank
 VD = Venture Debt
 FI = Family Investment Office
 FOF = Fund of Funds
 ED = Economic Development Office
 TT = Technology Transfer Office
 CVC = Corporate Venture Capital
 SEC = Secondary Purchaser
 HF = Hedge Fund/Mutual Fund
 
 
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                                | COMPANY STAGE | REVENUE |  
                                | Venture Capital |  |  
                                | Seed Stage (includes "pre-seed," or
 concept stage)
 | No Revenue |  
                                | Early Stage | Minimal Revenue
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                                | Growth Stage (also called Mid-stage)
 | $2M-$7M |  
                                | Expansion Stage (also called Late-stage)
 | $7M and greater |  
                                | Private Equity |  |  
                                | Lower Middle Market | $10M-$249M |  
                                | Middle Market | $250M-$499M |  
                                | Upper Middle Market | $500M-$1B |  
                                | Large Cap | >$1B |  |  
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