Azure Capital Partners

Active

Overview

Azure Capital Partners is a San Francisco-based venture capital firm founded in 2000, focusing on early-stage investments in seed to post-seed technology companies, primarily in North America.123 It manages over $750 million across four active funds and more than 40 portfolio companies, with a selective investment pace of 4-6 new deals per year, emphasizing companies at transformative growth opportunities.13 The firm is noted for its relationships in the Silicon Valley ecosystem and track record with exits like VMware, Bill Me Later (acquired by eBay), and Calix.3

History

Azure Capital Partners was founded in 2000 as an early-stage venture capital firm based in San Francisco.13 It has managed over $750 million in assets, serving as advisors to successful tech companies including VMware (NYSE: VMW), Bill Me Later (acquired by eBay), Calix (NYSE: CALX), and others, generating billions in value.3 The firm maintains four active funds and one fund in market, with closed funds including Azure Capital Partners Opportunities Fund I (Jan 2020) and others up to May 2019.4

Notable Products

  • Azure Capital Partners Opportunities Fund II - Active fund in market focused on venture opportunities.
  • Azure Capital Partners Opportunities Fund I - Closed fund from January 2020 targeting venture opportunities.

Reputation

Azure Capital Partners is recognized for its thought leadership in venture investing and a professional approach based on primary research to identify companies with sustainable competitive advantages.2 Professionals note its long track record in communications, consumer, enterprise, and Internet tech segments, with strong Silicon Valley connections aiding portfolio growth.12 No specific criticisms are detailed in available sources.

Sources (5)
  1. http://www.azurecap.com/about
  2. https://jacobscapitalgroup.com/portfolio/azure-capital-partners/
  3. http://www.azurecap.com/about-2
  4. https://www.privateequityinternational.com/institution-profiles/azure-capital-partners.html
  5. https://adviserinfo.sec.gov/firm/summary/112536