Sapphire Ventures

Sapphire Ventures is a global software venture capital firm dedicated to partnering with innovative management teams and venture funds to develop significant companies. Founded in 1996 and becoming an independent entity in 2011, Sapphire has invested in over 170 companies worldwide, resulting in more than 30 public listings and 45 acquisitions. With over $11 billion in assets under management and a presence in Austin, London, Menlo Park, and San Francisco, Sapphire Ventures focuses on scaling companies and enhancing their potential to become category leaders. The firm employs a Portfolio Growth team of experienced operators who provide strategic support, resources, and tools to help portfolio companies thrive in competitive markets. Additionally, Sapphire Sport, a specialized investment platform within the firm, targets early-stage investments at the intersection of sports, media, and entertainment technology, addressing emerging opportunities in the sports technology sector.

Abbott, Steven D.

Partner

Hillary Cook

Senior Associate

Rajeev Dham

Partner

Kevin Diestel

Partner

Gao, Cathy L.

Partner

Hartwig, David

Co-Founder and Partner

Alex Lehman

Investor

Mahau Ma

Operating Partner

Nino Marakovic

CEO and Partner

Imogen Mulliner

Associate

Michael Spirito

Partner

Chloe Steinberg

Partner

Casber Wang

Partner

Andreas Weiskam

Co-Founder and Partner

Sarah Wu

Associate

Doug Higgins

Co-Founder and Partner

Past deals in Open Source

StackHawk

Series B in 2022
StackHawk, Inc. is a Denver-based company that specializes in application security, offering a Software-as-a-Service platform designed for the development and operations (DevOps) pipeline. Established in 2019, StackHawk provides tools that enable users to identify and address security vulnerabilities in software applications and APIs before deployment. The platform employs modern Dynamic Application Security Testing (DAST) technology to scan for a range of exploitable vulnerabilities, including SQL injection, cross-site scripting, and command injection. By allowing development teams to triage and remediate security issues directly within their code context, StackHawk facilitates continuous security in fast-paced deployment environments. The company aims to support organizations in scaling their security initiatives while maintaining the speed of software delivery.

GitGuardian

Series B in 2021
GitGuardian is a cybersecurity platform specializing in Non-Human Identity security, providing comprehensive solutions for secrets detection in code and infrastructure-as-code security. The platform utilizes machine learning algorithms to monitor version control systems, DevOps tools, and configurations in real-time, effectively identifying exposed sensitive information and misconfigurations across both public and private repositories. With over 600,000 developers utilizing its services, GitGuardian offers tools for detection, remediation, and proactive prevention of data leaks, helping organizations mitigate risks that could lead to significant financial losses. Additionally, the platform features capabilities such as Honeytoken technology, enhancing security enforcement and monitoring. GitGuardian is recognized as a leading security application on the GitHub marketplace, underscoring its commitment to safeguarding sensitive data in the software development process.

Yugabyte

Series C in 2021
Yugabyte, Inc. is a technology company that specializes in developing open-source cloud-native database software designed for internet-scale applications. The company's flagship product, YugabyteDB, is a high-performance distributed SQL database that supports global applications, accommodating both scale-out relational database management system (RDBMS) and online transaction processing (OLTP) workloads. YugabyteDB features a combination of advanced capabilities, including automatic sharding, distributed consensus replication, and multi-shard ACID transactions, drawing inspiration from Google's Spanner. Yugabyte offers various deployment options, including Yugabyte Platform, a self-managed database-as-a-service, and Yugabyte Cloud, a fully-managed service available on major cloud platforms. The company also provides two editions of its software: the open-source YugaByte Community Edition for individual users and the YugaByte Enterprise Edition for corporate clients. Founded in 2016 and headquartered in Sunnyvale, California, Yugabyte aims to deliver a resilient and scalable database solution for modern applications.

Uptycs

Series C in 2021
Uptycs, Inc. is a security analytics company that provides a cloud-based platform designed for monitoring and diagnosing infrastructure issues across software as a service, enterprise, and data center environments. Founded in 2016 and based in Waltham, Massachusetts, Uptycs combines osquery, an open-source universal agent, with its security analytics capabilities to deliver comprehensive visibility into fleet operations. The platform offers features including endpoint detection and response, file integrity management, incident investigation, vulnerability monitoring, and compliance auditing. Uptycs caters to IT administrators, compliance officers, and incident response teams, enabling them to secure workloads across hybrid cloud environments and optimize security operations. By integrating data across various stages of development and runtime, Uptycs enhances the ability to manage risks, ensuring that organizations can effectively respond to vulnerabilities and maintain compliance.
Flowhaven is the leading brand licensing management platform. Built on Salesforce, the #1 customer relationship management (CRM) platform, Flowhaven enables licensing professionals to automate every phase of the brand licensing workflow process within a single solution, including planning and strategy, account and agreement management, content distribution, design approvals, royalty reporting and more. Flowhaven is a Licensing International member with offices in London, Los Angeles, and Helsinki. For more information, please visit: https://www.flowhaven.com/

StackHawk

Series A in 2020
StackHawk, Inc. is a Denver-based company that specializes in application security, offering a Software-as-a-Service platform designed for the development and operations (DevOps) pipeline. Established in 2019, StackHawk provides tools that enable users to identify and address security vulnerabilities in software applications and APIs before deployment. The platform employs modern Dynamic Application Security Testing (DAST) technology to scan for a range of exploitable vulnerabilities, including SQL injection, cross-site scripting, and command injection. By allowing development teams to triage and remediate security issues directly within their code context, StackHawk facilitates continuous security in fast-paced deployment environments. The company aims to support organizations in scaling their security initiatives while maintaining the speed of software delivery.

Uptycs

Series B in 2020
Uptycs, Inc. is a security analytics company that provides a cloud-based platform designed for monitoring and diagnosing infrastructure issues across software as a service, enterprise, and data center environments. Founded in 2016 and based in Waltham, Massachusetts, Uptycs combines osquery, an open-source universal agent, with its security analytics capabilities to deliver comprehensive visibility into fleet operations. The platform offers features including endpoint detection and response, file integrity management, incident investigation, vulnerability monitoring, and compliance auditing. Uptycs caters to IT administrators, compliance officers, and incident response teams, enabling them to secure workloads across hybrid cloud environments and optimize security operations. By integrating data across various stages of development and runtime, Uptycs enhances the ability to manage risks, ensuring that organizations can effectively respond to vulnerabilities and maintain compliance.

Mirantis

Series B in 2015
Mirantis, Inc. specializes in providing software, services, training, and support for organizations seeking production-grade open source cloud solutions. The company offers a range of products, including OpenStack distribution software, Murano for managing cloud-ready applications, and a comprehensive cloud platform for container deployment. Mirantis enables businesses to create customized open source configurations for on-premise environments and provides tools for automating application deployment and scaling. The company also supports hybrid cloud architectures, helping connect various cloud infrastructures to optimize their use. In addition to its technology offerings, Mirantis provides managed services, implementation, migration, and training to enhance the capabilities of its clients. Founded in 1993 and headquartered in Campbell, California, Mirantis has established a global presence with offices in various countries, including Russia, France, Poland, and Ukraine.

Socrata

Series C in 2014
Socrata, Inc. specializes in cloud-based software solutions tailored for federal, state, and local government entities, focusing on transforming data into actionable insights. The company offers a suite of services, including Open Data, which facilitates interaction with government data through visualizations and sharing; Open Performance, which aids in performance management; and Perspectives, allowing data owners to visualize and enhance their data. Additionally, Socrata provides tools like CrimeReports for law enforcement, Open Budget for exploring government budgets, Open Expenditures for transparency in spending, and Open Payroll to clarify government personnel expenses. By integrating disparate data systems on its data-as-a-service platform, Socrata enhances government program effectiveness, improves citizen engagement, and promotes accountability. Founded in 2007 and based in Seattle, Washington, Socrata operates as a subsidiary of Tyler Technologies, Inc. and is recognized for adhering to stringent government standards, having earned Federal Risk and Authorization Management Program (FedRAMP) Authority to Operate (ATO).

Mirantis

Series B in 2014
Mirantis, Inc. specializes in providing software, services, training, and support for organizations seeking production-grade open source cloud solutions. The company offers a range of products, including OpenStack distribution software, Murano for managing cloud-ready applications, and a comprehensive cloud platform for container deployment. Mirantis enables businesses to create customized open source configurations for on-premise environments and provides tools for automating application deployment and scaling. The company also supports hybrid cloud architectures, helping connect various cloud infrastructures to optimize their use. In addition to its technology offerings, Mirantis provides managed services, implementation, migration, and training to enhance the capabilities of its clients. Founded in 1993 and headquartered in Campbell, California, Mirantis has established a global presence with offices in various countries, including Russia, France, Poland, and Ukraine.

BlackDuck

Series F in 2014
Black Duck secures and manages open source software worldwide, eliminating open source security vulnerabilities and license compliance pain. With the rapid, widespread adoption of open-source software, Black Duck is a key component of Synopsys’ Software Integrity Platform, the most comprehensive solution for integrating security into the SDLC and software supply chain. Black Duck was established in 2002 and is based in Burlington, Massachusetts, United States.

Alfresco

Series D in 2014
Alfresco is an enterprise open-source software company based in San Mateo, California, that specializes in automating content-centric processes for digital businesses. Founded in 2005, Alfresco develops enterprise content management software that facilitates document management, web content management, data collaboration, and records management. The company's platform enhances interoperability in content management, enabling organizations to digitize critical business processes efficiently. By leveraging open-source technologies and contributions from the community, Alfresco delivers high-quality software at a reduced cost, combining innovation with the reliability expected of an enterprise-class solution.

Mirantis

Series A in 2013
Mirantis, Inc. specializes in providing software, services, training, and support for organizations seeking production-grade open source cloud solutions. The company offers a range of products, including OpenStack distribution software, Murano for managing cloud-ready applications, and a comprehensive cloud platform for container deployment. Mirantis enables businesses to create customized open source configurations for on-premise environments and provides tools for automating application deployment and scaling. The company also supports hybrid cloud architectures, helping connect various cloud infrastructures to optimize their use. In addition to its technology offerings, Mirantis provides managed services, implementation, migration, and training to enhance the capabilities of its clients. Founded in 1993 and headquartered in Campbell, California, Mirantis has established a global presence with offices in various countries, including Russia, France, Poland, and Ukraine.

OpenX

Series E in 2013
OpenX Limited, based in Pasadena, California, specializes in digital advertising technology that aids businesses in managing ad revenue. Through its advanced platform, OpenX empowers brands to effectively reach their target audiences across various connected screens and ad formats. The company operates one of the world's largest and highest quality ad exchanges, where it aggregates and curates consumer interest in real time. This capability allows OpenX to serve over 30,000 recognized brands, more than 1,200 websites, and over 2,000 premium mobile apps. By providing insights into audience engagement, OpenX enables clients to optimize their advertising strategies and navigate the complexities of the open web efficiently.

BlackDuck

Series E in 2011
Black Duck secures and manages open source software worldwide, eliminating open source security vulnerabilities and license compliance pain. With the rapid, widespread adoption of open-source software, Black Duck is a key component of Synopsys’ Software Integrity Platform, the most comprehensive solution for integrating security into the SDLC and software supply chain. Black Duck was established in 2002 and is based in Burlington, Massachusetts, United States.

Jaspersoft

Venture Round in 2011
Jaspersoft is a provider of open source business intelligence software that facilitates the creation of interactive reports, dashboards, and analytics for applications. The company offers a comprehensive BI suite designed to support developers and businesses in harnessing insights from diverse data sources. With a focus on cloud, big data, and mobile deployments, Jaspersoft enables self-service BI at scale, catering to a wide range of commercial customers. It operates under a commercial open source model, supported by a community of over 250,000 members and boasting nearly 15 million downloads of its software. With more than 175,000 production deployments powering 100,000 data-driven applications, Jaspersoft maintains a significant presence in the global market. The company is privately held and has locations worldwide.

OpenX

Series D in 2011
OpenX Limited, based in Pasadena, California, specializes in digital advertising technology that aids businesses in managing ad revenue. Through its advanced platform, OpenX empowers brands to effectively reach their target audiences across various connected screens and ad formats. The company operates one of the world's largest and highest quality ad exchanges, where it aggregates and curates consumer interest in real time. This capability allows OpenX to serve over 30,000 recognized brands, more than 1,200 websites, and over 2,000 premium mobile apps. By providing insights into audience engagement, OpenX enables clients to optimize their advertising strategies and navigate the complexities of the open web efficiently.

GroundWork

Series D in 2009
GroundWork Inc. develops IT monitoring software tailored for physical, virtual, and cloud-based infrastructures. The company offers a unified monitoring solution that provides integrations and customized visualizations across various components, including networks, applications, servers, and storage data. GroundWork's platform supports organizations in monitoring their IT environments by enabling correlation, security, and scalability. It also features tools for detecting changes and auto-registering application servers in cloud settings, along with a specialized solution for monitoring Docker and Linux container deployments. Serving a diverse range of industries such as aerospace, healthcare, manufacturing, and technology, GroundWork aims to simplify IT operations management and enhance performance analytics. Founded in 2004 and headquartered in San Francisco, GroundWork was previously known as GroundWork Open Source, Inc.

BlackDuck

Series D in 2009
Black Duck secures and manages open source software worldwide, eliminating open source security vulnerabilities and license compliance pain. With the rapid, widespread adoption of open-source software, Black Duck is a key component of Synopsys’ Software Integrity Platform, the most comprehensive solution for integrating security into the SDLC and software supply chain. Black Duck was established in 2002 and is based in Burlington, Massachusetts, United States.

Alfresco

Series C in 2008
Alfresco is an enterprise open-source software company based in San Mateo, California, that specializes in automating content-centric processes for digital businesses. Founded in 2005, Alfresco develops enterprise content management software that facilitates document management, web content management, data collaboration, and records management. The company's platform enhances interoperability in content management, enabling organizations to digitize critical business processes efficiently. By leveraging open-source technologies and contributions from the community, Alfresco delivers high-quality software at a reduced cost, combining innovation with the reliability expected of an enterprise-class solution.

Jaspersoft

Series D in 2007
Jaspersoft is a provider of open source business intelligence software that facilitates the creation of interactive reports, dashboards, and analytics for applications. The company offers a comprehensive BI suite designed to support developers and businesses in harnessing insights from diverse data sources. With a focus on cloud, big data, and mobile deployments, Jaspersoft enables self-service BI at scale, catering to a wide range of commercial customers. It operates under a commercial open source model, supported by a community of over 250,000 members and boasting nearly 15 million downloads of its software. With more than 175,000 production deployments powering 100,000 data-driven applications, Jaspersoft maintains a significant presence in the global market. The company is privately held and has locations worldwide.

BlackDuck

Series C in 2007
Black Duck secures and manages open source software worldwide, eliminating open source security vulnerabilities and license compliance pain. With the rapid, widespread adoption of open-source software, Black Duck is a key component of Synopsys’ Software Integrity Platform, the most comprehensive solution for integrating security into the SDLC and software supply chain. Black Duck was established in 2002 and is based in Burlington, Massachusetts, United States.

GroundWork

Series C in 2007
GroundWork Inc. develops IT monitoring software tailored for physical, virtual, and cloud-based infrastructures. The company offers a unified monitoring solution that provides integrations and customized visualizations across various components, including networks, applications, servers, and storage data. GroundWork's platform supports organizations in monitoring their IT environments by enabling correlation, security, and scalability. It also features tools for detecting changes and auto-registering application servers in cloud settings, along with a specialized solution for monitoring Docker and Linux container deployments. Serving a diverse range of industries such as aerospace, healthcare, manufacturing, and technology, GroundWork aims to simplify IT operations management and enhance performance analytics. Founded in 2004 and headquartered in San Francisco, GroundWork was previously known as GroundWork Open Source, Inc.

MySQL

Series C in 2006
MySQL is an open-source database management system that enables scalable web-based and embedded applications. Founded in 1995 by David Axmark and Michael Widenius, the company is headquartered in Cupertino, California. MySQL offers a range of products, including enterprise-level support packages that provide comprehensive service and free downloads of its latest software versions. The platform also features an online community with forums, articles, and documentation to support users. MySQL’s software is designed to enhance scalability, security, reliability, and uptime for businesses, while its enterprise servers facilitate network monitoring and production support. Additionally, the database clustering architecture allows clients to implement mission-critical solutions, thereby improving business agility and reducing operational costs.

Avokia

Series B in 2006
Avokia, Inc. provides database middleware software for enterprises and customers that enables the continuous availability of database information. It offers apLive, a database and operating system, which allows database clustering by supporting transaction replication in multiple horizontally scaled databases. The company offers its products for enterprise applications for disaster recovery at the database level. Avokia, Inc. was founded in 2000 and is headquartered in Toronto, Canada.

BlackDuck

Series B in 2005
Black Duck secures and manages open source software worldwide, eliminating open source security vulnerabilities and license compliance pain. With the rapid, widespread adoption of open-source software, Black Duck is a key component of Synopsys’ Software Integrity Platform, the most comprehensive solution for integrating security into the SDLC and software supply chain. Black Duck was established in 2002 and is based in Burlington, Massachusetts, United States.

Intalio

Series C in 2004
Intalio, Inc. is a software provider specializing in web-based business process management solutions. The company offers Intalio|bpms, an open-source platform designed for the design, deployment, and management of business processes. Its products enable organizations to create applications that enhance user experiences and scale from on-premises environments to the cloud, facilitating engagement with employees, partners, and customers. Intalio serves a diverse range of industries, including aerospace, healthcare, financial services, and education, and distributes its solutions across the United States, Europe, and Asia. Founded in 1999 and headquartered in Palo Alto, California, Intalio was previously known as ExOffice Technologies, Inc. and became a subsidiary of Ever Team SAS in 2015. The company also incorporates advanced technologies such as artificial intelligence, machine learning, and natural language processing to enhance its content and process services.

Sistina Software

Venture Round in 2003
Sistina Software, Inc. is a company focused on storage infrastructure, specializing in the design, development, and support of storage management software for Linux systems. It provides solutions for data sharing tailored to enterprise and technical computing clients. The company's flagship product, Sistina Software, encompasses a comprehensive file system and volume management platform. This platform includes features such as a global file system, a Linux logical volume manager, and various management tools that facilitate the installation and configuration of storage clusters.
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