Overview
Founded in 1995, TCV is one of the largest private equity and venture capital firms focused solely on information technology companies. We are flexible in providing capital in a manner that addresses the goals of the management and shareholders of the companies in which we invest. We take both minority and majority positions and provide capital for growth, shareholder liquidity, acquisitions, buyouts, and recapitalizations. We are active, long-term investors who stay involved with, and continue to invest in, our portfolio companies through their IPOs and beyond. With $7.7 billion under management, we have the ability to invest significant amounts of capital ranging from $20 million to over $200 million. For larger transactions, we may leverage our large base of limited partners, many of whom have the ability to make sizeable co-investments alongside TCV.
Investment Focus
At TCV, we focus solely on information technology and primarily target these sectors:
- Internet: Internet and consumer facing investments such as Capella Education Company, CNET, Expedia, Netflix and Nextag
- Financial Technology: Financial technology companies such as Automated Trading Desk, FX Alliance, Liquidnet Holdings, Lynk Systems, Penson Worldwide, Riskmetrics Group, and thinkorswim Group
- Infrastructure & Communications: Equipment and communications businesses such as 2Wire, Alteon Websystems, INFONXX, Redback Networks, and Techwell
- Software & Services: Software and business services companies such as Altiris, Brightmail, EXL Service, and Webroot Software.
History of Success
Since inception, TCV has guided over 40 companies through initial public offerings and over 25 companies through strategic sales. We are currently investing our sixth family of funds and have developed an extensive network of companies, entrepreneurs, and executives. These relationships, our industry leading position, and our strong reputation based on our team and successful investments all contribute to a virtuous cycle that benefits both TCV and our portfolio companies.