Storm Ventures
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| Private | |
| Industry | Venture capital |
| Founded | 1997 |
| Founder |
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| Headquarters | Palo Alto, California, United States |
Area served | Worldwide |
Key people |
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| Products | Venture capital investments |
| Services | Early-stage investment in enterprise software companies |
| Total assets |
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| Website | [// ] |
Storm Ventures is an American venture capital firm that specializes in early-stage investments in enterprise software companies. The firm is based in Palo Alto, California. The name "Storm" is a reference to a trading method used by traders at StrataCom, a company whose executives went on to found the firm.[1]
History
Storm Ventures was founded in 1997. The firm was co-founded by Tae Hea Nahm, Ryan Floyd, and Sanjay Subhedar, who were all executives at the networking company StrataCom. Alex Mendez and Dick Moley were also among the firm's founders.[2] The firm's managing directors include co-founders Nahm and Floyd. In 2013, the firm closed its fifth fund at $130 million.[3] A subsequent fund, its sixth, was closed in 2019, also at $130 million.[4]
Investment Strategy
The firm focuses on investing in business-to-business (B2B) startups, often with a focus on companies with early revenue. Storm Ventures invests globally, with a presence in North America, Europe, and Asia.[5] In 2015, The New York Times reported that co-founder Tae Hea Nahm's investment philosophy balances skepticism and belief in a company's potential.[6]
Notable Investments and Exits
Storm Ventures has invested in over 200 companies since its inception. Notable investments and exits, as reported in the press, include:[7]
- Airespace: A wireless networking company that was acquired by Cisco for $450 million.[8]
- Marketo: A marketing automation company that went public.[6]
- MobileIron: An enterprise mobility management company that went public.[6]
- Pipedrive: A sales software company.[9]
- Talkdesk: A cloud contact center software company.[10]
- Workato: An integration and automation platform.[11]
References
- ↑ "StrataCom". Wikipedia. Retrieved August 25, 2025.
- ↑ Slade, Hollie (February 12, 2014). "Secrets Of An Investor Who Built Two Unicorns". Forbes. Retrieved August 25, 2025.
- ↑ "Storm Ventures closes fifth fund with $130 million". The Wall Street Journal. April 15, 2013. Retrieved August 25, 2025.
- ↑ "Storm Ventures just closed its sixth fund with $130 million". TechCrunch. November 30, 2019. Retrieved August 25, 2025.
- ↑ Nahm, Tae Hea (June 28, 2015). "Tae Hea Nahm of Storm Ventures: A Believer and a Skeptic in One". The New York Times. Retrieved August 25, 2025.
- ↑ 6.0 6.1 6.2 Nahm, Tae Hea (June 28, 2015). "Tae Hea Nahm of Storm Ventures: A Believer and a Skeptic in One". The New York Times. Retrieved August 25, 2025.
- ↑ Diaine, Pascale (February 27, 2021). "Storm Ventures promotes Pascale Diaine and Frederik Groce to partners". TechCrunch. Retrieved August 25, 2025.
- ↑ Slade, Hollie (February 12, 2014). "Secrets Of An Investor Who Built Two Unicorns". Forbes. Retrieved August 25, 2025.
- ↑ "Storm Ventures Says It Was Short Changed On Seed Investment In Pipedrive". The Wall Street Journal. May 30, 2019. Retrieved August 25, 2025.
- ↑ Slade, Hollie (February 12, 2014). "Secrets Of An Investor Who Built Two Unicorns". Forbes. Retrieved August 25, 2025.
- ↑ Slade, Hollie (February 12, 2014). "Secrets Of An Investor Who Built Two Unicorns". Forbes. Retrieved August 25, 2025.
External links
This article "Storm Ventures" is from Wikipedia. The list of its authors can be seen in its historical. Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace.