VD  Western Technology Investment

http://www.westerntech.com





     Office Locations:

104 La Mesa Drive, Suite 102
Portola Valley, CA 94028
Phone: 650-234-4300
Fax: 650-234-4343

 

Stages:

  • Early


 

Industries:

  • Information Technology

  •  

    Description:

    Founded in 1980, WTI is a leading venture debt firm that has provided over $7 billion of debt and equity capital to technology and life science companies ranging from early-stage private companies to publicly-traded companies. The firm's investments range from $250k to $30M and are structured as fully usable, unrestricted growth capital. WTI's 13th fund builds upon the success of the firm's 30-year history, which includes investments in companies such as Brocade, Cerent, Facebook, Google, IDEC Pharma-ceuticals, Infoseek, IronPort, Juniper Networks, NanoSolar, Postini, Transmeta, VeriSign, and many others. The firm's most recent fund is Venture Lending & Leasing VI, with $294,000,000. Western Technology looks to invest in companies with a minimum of $25 million in sales per year within 5 years. Through the firm's venture lending operations, WTI entities hold warrants in numerous client companies. In selected cases, WTI provides equity capital in conjunction with debt financing.



    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
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    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
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or Silicon Valley Database subscription.
    Dave Gravano Investment Partner
    David Wanek Investment Partner
    Hagi Schwartz Venture Partner
    Jay Cohan Investment Partner
    Maddy Burleson Associate

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      10/22/2024


      Carbon Ridge


      CA


      $9,500,000


      Venture


     

    Portfolio companies include:


      Affinity


      AltSpaceVR
        web link


      Apptimize
        web link


      Aptible
        web link


      Aro Homes
        web link


      AutoAdvantage Group
        web link


      Axonius
        web link


      Beacon


      Beanfields Snacks
        web link


      BoostCTR
        web link


      Call9
        web link


      Canary
        web link


      Carbon Ridge
        web link


      clypd
        web link


      Collectly
        web link


      Corona Labs
        web link


      CytoVale
        web link


      DailyFeats
        web link


      Dosh


      Elysium Health
        web link


      FLYR


      Fursure
        web link


      General Assembly
        web link


      Health Integrated


      Health IQ


      HomeLight
        web link


      Hyperloop One
        web link


      Jacobi
        web link


      Julep Beauty
        web link


      Jun Group
        web link


      Karamba Security
        web link


      Kareo


      Kona Medical
        web link


      LanzaTech
        web link


      Livio


      Mantra Health
        web link


      Metawave
        web link


      Metricly
        web link


      Nue Life Health
        web link


      Outbox
        web link


      Pathrise
        web link


      PLAE
        web link


      Planet Labs
        web link


      Pley
        web link


      Qool Therapeutics
        web link


      Radius


      Renovia
        web link


      SKULLY
        web link


      SocialChorus
        web link


      Spinal Singularity
        web link


      Spirox
        web link


      Stanza
        web link


      Stitch Fix
        web link


      Stratos


      Swiftly


      Talage


      Tango Card
        web link


      Tap.Me
        web link


      Target Data
        web link


      theComplete.me
        web link


      Thrasio
        web link


      Twice
        web link


      Veev


      Virtuix
        web link


      Workspot


      Xceedium
        web link


      ZeroTurnaround
        web link


      Zodiac
        web link


     

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