March Capital is a venture capital firm investing in companies focused on enterprise software, cloud, IoT infrastructure, and consumer industries that is headquartered in Santa Monica, California and was founded by Sumant Mandal, James Montgomery, Gregory Milken, and Jim Armstrong. Notable investments made by March Capital include: CrowdStrike (Nasdaq: CRWD), ASAPP, BillDesk, CarTrade, Forter, and Uniphore. As of October 2020, March Capital has $800 million+ under its management and has over 30 portfolio companies.
Investment funds
Fund I
On May 24, 2016, March Capital announced the final close of $240M for its inaugural Fund I. At the time, it was the largest first-time venture fund to launch in Southern California. March Capital Partners invests in both early and late-stage companies across multiple technology sectors, focusing in large part on the infrastructure behind today’s consumer and mobile services. The firm has already invested more than $100 million in over 15 companies globally, and will continue to partner with top entrepreneurs worldwide to build successful technology companies in a variety of enterprise and emerging verticals.
Fund II
On January 24, 2019 March Capital announced that they had closed a $300 million for their Fund II investment fund. The fund will focus on investing in artificially intelligent enterprise software, industrial internet of things (IoT) and associated infrastructure, consumer technologies, and growth in India.
Fund III
On September 16, 2019, March Capital announced raising $410 million for their Fund III Investment fund. The managing directors of the fund are Sumant Mandal, Gregory Milken, and James Montgomery. The fund will be used to make series A, series B, and series C investments.
Timeline
Funded Companies
Real-Time Edge Intelligence for Industrial IoT
IoTium is a company founded in 2015.
An Indian artificial intelligence company creating conversational AI technology
An artificial intelligence and cybersecurity company offering cognitive computing analytics for the information technology, operational technology, and the internet of things (IoT) industries.
Earnin is a Palo Alto, California-based mobile banking company giving users access to their pay directly from mobile application.
CrowdStrike is a cybersecurity technology company developing cloud delivered next-generation endpoint protection and services.
Branch Messenger is a Minneapolis-based company founded by Atif Siddiqi.
Global-Scale Predictive Intelligence providing access to science-ready imagery and intelligence from multiple data sources
Forter is a company founded in 2013 by Michael Reitblat, Liron Damri and Alon Shemesh.
SpyCloud offers early warning solutions to businesses to prevent compromises on employee and customer account.
Sensible Object is a London-based company founded by Alex Fleetwood.
Vyng is a company founded by Sohrab Pirayesh, Art Haedike, Paul Kats and Jeffrey Chernick.
Genvid's SDK enables developers to create and deliver premium interactive broadcasts to livestreaming audiences.
Knock Knock is a San Francisco-based company.
VeloCloud Networks is a Palo Alto, California-based service provider company founded by Sanjay Uppal.
Associated investment funds
People
Further reading
Documentaries, videos and podcasts
Companies
References
Company attributes
Venture Capital Firm attributes
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Contributors
- 1
Shannon Irani
March Capital is a venture capital firm that backs bold entrepreneurs in pursuit of big outcomes based in Santa Monica, CA. - 2
Dawson Sewell
Writing about startups. - 3
Carla Faraguna
Golden People and Operations. - 4
Jed Christiansen
Special Projects & Business Development at Golden, Founder - Seed-DB. - 5
Melanie Manipula
Helping organize knowledge. - 6
Neelam Jhaveri
Techno Geek + Gamer + Fashionista + Sense of Humor = It's ME - 7
Henry Ogolla
Passionate about reading and writing.