"Balihoo is a perfect fit with our investment model," said Mr. We plan on using the new fund to continue to grow the portfolio while continuing to enhance our capabilities," said Scott Maxwell, Senior Managing Director at OpenView Venture Partners.Īs part of the investment in Balihoo, OpenView Venture Partners' Venture Partner George Roberts will join Balihoo's Board of Directors. "Our success to date comes from our operational value-add capabilities, particularly our in-house consulting team, OpenView Labs, which is dedicated to assisting our portfolio companies. OpenView plans to use the capital to continue investing an average $5 million to $10 million per opportunity in expansion stage software, internet, and technology-enabled companies. OpenView Venture Partners II totals roughly $130 million in committed capital from leading institutional investors worldwide, as well as from members of the OpenView team. ( via COMTEX) - OpenView Venture Partners, expansion stage venture capital firm, today announces the launch of its redesigned website.OpenView Venture Partners announced today that it closed its second fund and its first investment in that fund, leading a $7M investment in Balihoo, Inc. The new design provides deeper insight into the OpenView Story and encourages visitors to understand how OpenView is a different breed of venture capital firm through content including photos, videos, testimonials, and case studies. “We are strong believers in using content marketing and social media as a marketing strategy, but there are very few websites that our portfolio companies can use as models. We have been working on creating a website network that demonstrates our unique approach, allowing us to better execute our content marketing strategy and serving as a model for our portfolio companies. We released our OpenView Labs site in the fall and are now releasing our first iteration of our main website. Now, we are moving onto the next iteration of our blog site,” said Scott Maxwell, Founder and Senior Managing Director. “The new site highlights our people, portfolio companies, investment process, collaborative approach, and ideas allowing entrepreneurs to truly meet OpenView even before they walk through our doors,” added Brian Zimmerman, managing director.įounded in 2006, OpenView Partners focuses helping technology companies realize their visions in a way that combines capital, strategic, and operational assistance.
OpenView typically invests $5-15 million in companies that have $2-20 million in annual sales. In addition to a capital investment, OpenView helps all portfolio companies through OpenView Labs, a team of in-house consultants, external Senior Advisors, and a network of service providers. The OpenView Labs team helps the portfolio companies in three broad areas: Product Development: focusing on market segmentation, identifying user needs, product aspirations and designing and implementing great products Customer Development: focusing on identifying buyer needs, market aspirations, and designing and implementing great go-to-market strategies and execution Company Development: focusing on the organizational and operational strategy and execution (company aspirations, management practices, Finance, Legal, HR, IT, and administration). To learn more about OpenView Partners, visit the new site at.
To learn about more about OpenView Labs, visit the idea site at.
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