We are thrilled to welcome 30 new companies to the Bessemer family, which now numbers 190 companies. We are in awe of our companies’ tireless work ethic and countless achievements. Our announced new portfolio companies include:
We were extremely proud to see 14 of our companies exit this year. Allena Pharmaceuticals, Blue Apron, Matrimony.com and SendGrid went public, bringing our total IPO count to 121. Congratulations to these teams for reaching this impressive achievement!
We were also excited to see ten of our portfolio companies acquired, including August Home (Assa Abloy), Intacct (Sage Software), LifeLock (Symantec), MindMeld (Cisco), Nominum (Akamai), nToggle (Rubicon), and Sarovar Hotels (Louvre). We applaud all the hard work and long hours that went into building these great companies.
You may have heard of the three companies, that having achieved great success, had to be regrettably added to our Anti-Portfolio this year: Atlassian, Airbnb and Snapchat. Unfortunately, we don’t have a monopoly on success.
In June, we were delighted to promote three all-star investors to partner: Charles Birnbaum in New York, Kristina Shen in San Francisco, and Amit Karp in Israel. We are now 16 investing partners strong, across seven global offices, supporting the visions of founders around the world.