PE/VC  WestSummit Capital

http://www.westsummitcap.com





     Office Locations:

2200 Sand Hill Road, Suite 160
Menlo Park, CA 94025

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Stages:

  • Expansion
  • Middle Market


 

Industries:

  • Communications & Networking
  • Energy & Clean Tech
  • Information Technology
  • Media & Digital Media
  • Software & Internet

  •  

    Description:

    WestSummit Capital is one of the first China-based technology growth-stage private equity firms in the industry. The firm invests in companies that have a substantial presence in or strategic interest in China. WestSummit has offices in Hong Kong, Beijing, China and Palo Alto. The firm invests in growth-stage companies in the Software & Services, Mobile & Hardware, Consumer & New Media and Clean Technology sectors. The firm targets companies with revenue growth of >20%; Profitable or break-even within 18 months; with an investment amount of $10 million to $30 million. WestSummit announced January of 2014 that it raised $325 million in capital commitments from several large institutional investors. The funds are comprised of $225 million for WestSummit's Fund II, focused primarily on investments in North America and China; and $100 million for Summit Bridge Capital, focused mainly on investments in Europe and China, and managed in collaboration with European growth capital firm Atlantic Bridge.



    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.
    Datong Chen Managing Partner
    David Lam Managing Director
    Elise Huang Partner
    Jay Deng Managing Director
    John Yu Managing Director

     

    Portfolio companies include:


      Couchbase
        web link


      Maginatics
        web link


      Mirantis
        web link


      NetBase
        web link


      Nexenta Systems
        web link


      Twitch
        web link


     

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