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IDG Ventures

From Wikipedia, the free encyclopedia
IDG Ventures
Company typePrivate company
IndustryPrivate equity
Founded1996
FounderInternational Data Group
HeadquartersSan Francisco, California, U.S.
ProductsVenture capital
AUM$6.8 billion[when?]
ParentIDG Capital
Websitewww.idgventures.com

IDG Ventures is a global family of venture funds with approximately $3.6 billion under management. All of the funds were originally sole-source-funded by International Data Group.[1]

The first fund was created by IDG in 1996 and was located in San Francisco, California. The latest San Francisco fund, formed in 2007, accepted other institutional investors in addition to IDG, which remains a major investor. In 2000, IDG started a fund in Europe; this fund is now closed. In 2001, IDG started a fund in Boston, also named IDG Ventures. The manager of the Boston fund renamed itself Flybridge Capital Partners in 2008 and is no longer associated with the IDG Ventures funds. In the 2000s, IDG started funds in Vietnam, India, and Korea. As of 2013, there are five countries with IDG funds — China, Vietnam, India, Korea and the United States (San Francisco).

In January 2017, IDG Capital and China Oceanwide Holdings Group acquired International Data Group (IDG) and its subsidiaries. IDG Capital became the controlling shareholder of IDG Ventures.[2]

Venture Capital Investments

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Year Company Industry
2001 Shazam[3][4] Music identification application
2008 Aujas Networks[5] Cybersecurity
2013 Appboy[6] New York City-based mobile marketing automation company
2015 Baofeng Chinese online video platform[7]
2015 Survata[8] Market research & survey respondents[9]
2015 ICrushIFlush[10] Dating app
2015 Aasaanjobs.com[11] Indian entry-level recruitment portal
2015 Tripoto[12] Travel portal

References

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  1. ^ "Principal Discord". www.bizjournals.com. Retrieved 2023-05-05.
  2. ^ "China Oceanwide and IDG Capital Announce Agreement to Acquire IDG". Retrieved 2018-03-18.
  3. ^ Chinwala, Yasmine. "Shazam raises $7.5m for music recognition service". www.fnlondon.com. Retrieved 12 January 2024.
  4. ^ Brandle, Lars (23 March 2004). "U.K.'s Shazam Gets $5 Million In Funding". Billboard. Retrieved 12 January 2024.
  5. ^ "Enterprise security firm Aujas Networks raises Series B funding from IDG Ventures, IvyCap & Rajasthan Venture Capital - Techcircle.in - India startups, internet, mobile, e-commerce, software, online businesses, technology, venture capital, angel, seed funding". 28 November 2013. Retrieved 17 January 2015.
  6. ^ Chapman, Lizette (2 October 2014). "Appboy Raises $15 Million to Help Businesses Improve Mobile Marketing". Wall Street Journal. Retrieved 11 December 2014.
  7. ^ "Shanghai Baosteel Packaging". Archived from the original on 2015-06-18. Retrieved 2015-06-18.
  8. ^ Loizos, Connie (20 July 2015). "Survata Surveys Investors, Raises $6 Million Series A". TechCrunch. Retrieved 2015-07-20.
  9. ^ "Survata Announces $6 Million in Series A Funding | Survata Blog". www.survata.com. Archived from the original on 2015-07-21. Retrieved 2015-07-20.
  10. ^ "Dating App ICrushiFlush Raises Funding From IDG Ventures". Tech in Asia. Archived from the original on 2015-07-22. Retrieved 2015-07-22.
  11. ^ "Aasaanjobs raises $1.5 million from Inventus Capital Partner, IDG Ventures". 28 January 2015.
  12. ^ "Business News Today: Read Latest Business news, India Business News Live, Share Market & Economy News". Archived from the original on March 23, 2015.
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