Sevin Rosen Funds
Encyclopedia
Sevin Rosen Funds is a venture capital
firm that was established in 1980 by L. J. Sevin and Ben Rosen. SRF was involved in the financing of Citrix, Cypress Semiconductor
, Electronic Arts
, Lotus Development Corporation, Silicon Graphics
, and Vitesse Semiconductor. SRF's first major success was its 1982 investment in Compaq
which went public shortly thereafter.
Entrepreneurs supported by SRF include: Dennis Mudd (Slacker), James Sabry (Cytokinetics), Dave Vucina (Wayport
), Michael Baum (Splunk
), Nick Gault (XenSource), and Ranjith Kumaran (YouSendIt
).
This fund has shut down West Coast operations.
Venture capital
Venture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...
firm that was established in 1980 by L. J. Sevin and Ben Rosen. SRF was involved in the financing of Citrix, Cypress Semiconductor
Cypress Semiconductor
Cypress Semiconductor Corporation is a Silicon Valley-based semiconductor design and manufacturing company founded by T. J. Rodgers and others from Advanced Micro Devices. It was formed in 1982 with backing by Sevin Rosen and went public in 1986. The company initially focused on the design and...
, Electronic Arts
Electronic Arts
Electronic Arts, Inc. is a major American developer, marketer, publisher and distributor of video games. Founded and incorporated on May 28, 1982 by Trip Hawkins, the company was a pioneer of the early home computer games industry and was notable for promoting the designers and programmers...
, Lotus Development Corporation, Silicon Graphics
Silicon Graphics
Silicon Graphics, Inc. was a manufacturer of high-performance computing solutions, including computer hardware and software, founded in 1981 by Jim Clark...
, and Vitesse Semiconductor. SRF's first major success was its 1982 investment in Compaq
Compaq
Compaq Computer Corporation is a personal computer company founded in 1982. Once the largest supplier of personal computing systems in the world, Compaq existed as an independent corporation until 2002, when it was acquired for US$25 billion by Hewlett-Packard....
which went public shortly thereafter.
Entrepreneurs supported by SRF include: Dennis Mudd (Slacker), James Sabry (Cytokinetics), Dave Vucina (Wayport
Wayport, Inc.
Founded in 1996, Wayport, Inc. is a Wi-Fi broadband internet access provider, based in Austin, Texas. Wayport provides hotspots in approximately 28,000 locations throughout the United States. Venues include hotels, airports, sports venues, retail chain stores, McDonald's restaurants and...
), Michael Baum (Splunk
Splunk
Splunk is enterprise software used to monitor, report and analyze the machine data produced by the applications, systems and infrastructure that run a business. Splunk lets users search, monitor and analyze machine-generated data via web-style interface...
), Nick Gault (XenSource), and Ranjith Kumaran (YouSendIt
YouSendIt
YouSendIt is a Web-based secure digital file delivery company, which lets users securely send, receive and track files on demand. It is an alternative to sending large e-mail attachments, using FTP, and sending CDs or DVDs or tape or USB flash drive via Sneakernet...
).
This fund has shut down West Coast operations.