Western Technology Investment is a venture capital firm in California that focuses on offering acquisition financing to revenue generating firms. Founded 1980 in Portola Valley, California, United States by Ronald Swenson, it invests in early stage ventures, grants, late stage ventures, private equity, seed, series B, series A and debt financing. Its portfolio companies include Axonius, Sparta Science, Veev, and L1ght. As of April 2020, Western Technology Investment has made 227 investments. Their most recent investment was on March 31, 2020, when Axonius raised $58M. Western Technology Investment has had 67 exits, the most notable of which include Facebook, Stitch Fix, and Jet. Western Technology Investment has raised a single venture fund, Western Technology Investment Fund VII. This fund was announced on January 9, 2013 and raised a total of $375M.
Timeline
Funded Companies
AptibleCompany providing consultation for security standards and regulatory compliance for technology startups
Portland, Oregon
Apartment ListA technology company offering a platform for renting properties.
San Francisco
The Climate CorporationThe Climate Corporation (Climate) is a digital agriculture company that is a subsidiary of Bayer. The Climate Corporation, founded in 2006 and based in San Francisco, examines weather, soil and field data.
LuxteraU.S-based Cisco subsidiary designing fabless silicon photonics semiconductors.
Carlsbad, California
Julep (company)Julep beauty, inc. is a privately held seattle, wa based cosmetics company.
Seattle
KareoKareo is an ehr, medical practice management software and medical billing services company.
Irvine, California
Stitch FixStitch Fix is a San Francisco-based company.
PayJoyPayJoy is a software development company offering a mobile digital platform to purchase new smartphones and receive loans using their smartphone as collateral.
Saratoga, California
Blekko
Redwood City, California
Call9A company providing emergency medical care
Brooklyn
New York
United States
CytovaleCytoVale is a company that develops biomarkers based on the mechanical properties of cells to identify diseases. It has applied its technology to detect sepsis.
Tango Card
C8 MedisensorsA medical device company developing glucose monitoring products
San Jose, California
TizetiTizeti is a Nigeria-based company.
Nigeria
Wifi.com.ng
Medsphere Systems
Topsy Labs
Affinity (software company)Affinity is a San Francisco-based company.
Berkeley Design AutomationBerkeley Design Automation is a nanotechnology company founded by Amit Narayan.
AirXpandersA company developing technology that allows tissue expansion after masectomy
Palo Alto, California
Mountain View, California
KlarKlar is a startup that wanted to democratize banking services in Mexico.
Mexico City
SmartDrive Systems
San Diego
DoshDosh is an Austin, Texas-based company founded in 2016.
Austin, Texas
Osprey Pharmaceuticals USAA company developing protein therapeutics to treat inflammatory and immune diseases
CardCash.com
New JerseyPeople
Andrew Baldwin
Principal
David Wanek
Investment Partner
Patrick Ward
Associate
Further reading
Documentaries, videos and podcasts
Companies
Axonius
L1ght
Talage
Veev
References
Western Technology Investment
Venture capital firm
CompanyCompany attributes
Technology
Portola Valley, CaliforniaVenture Capital Firm attributes
AxoniusOther attributes
Categories
Related Topics
Contributors
- 1
Lax Mariappan
Technopreneur, Open source enthusiast, author, speaker. Co-founder of Eternus Global. Crafting applications for the medical industry. - 2
Reys Phillips
A graduate of Cleveland State University with a Bachelor of Science in Education. My main hobbies include story writing and reading. - 3
Jed Christiansen
Special Projects & Business Development at Golden, Founder - Seed-DB. - 4
Neelam Jhaveri
Techno Geek + Gamer + Fashionista + Sense of Humor = It's ME - 5
Jude Gomila
Founder and CEO of Golden, Entrepreneur. Investor in 200+ companies. Cantabrigian (Gonville and Caius). Interested in the universe.
