Draper Triangle
![]() | |
Private | |
Industry | Venture capital |
Founded | 1999 |
Headquarters | Pittsburgh, Pennsylvania, United States |
Website | http://drapertriangle.com |
Draper Triangle Ventures is a Pittsburgh based venture capital firm focused on early-stage investments in transformative technologies.[1]
History
The firm has made investments in several notable companies including toa technologies (acquired by Oracle),[2] BodyMedia[3](acquired by Jawbone (company)),[4] CardioInsight (acquired by Medtronic),[5] BitArmor (acquired by Trustwave),[6] Renal Solutions (Acquired by Fresenius (company)),[7] and Carnegie Learning (acquired by Apollo Group).[8]
Investment Focus
Draper Triangle Ventures focuses on the following areas of investment: Software as a Service (SaaS), Platform as a Service (PaaS), Big Data, Artificial Intelligence, Robotics, IoT, Augmented Reality, Healthcare IT
Firm
Partners at the firm include: Michael Stubler and Jay Katarincic.
Draper Triangle invests in companies based primarily in Pittsburgh[9], Pennsylvania, Ohio,[10] and Michigan.[11]
Draper Venture Network
Draper Triangle is a member of the Draper Venture Network. The network provides access to the collective intelligence of 100+ investors and more than $3B invested in over 500 ventures around the world. Member funds include Draper Associates, Dalus Capital, Draper Athena, Draper Nexus, Wavemaker Partners, Draper Esprit, 3TS Capital Partners, and Wamda Capital.[12]
References
- ↑ Ventures, Draper Triangle. "Draper Triangle Ventures Launches Fund III". www.prnewswire.com. Retrieved 2016-03-15.
- ↑ Tascarella, Patty. "Oracle Buying Pgh VCs Portfolio Company". Retrieved 2014-07-31.
- ↑ "BodyMedia Closes First Round Funding".
- ↑ "Jawbone to Acquire BodyMedia". Retrieved 2013-04-30.
- ↑ "Medtronic Announces Acquisition of CardioInsight Technologies".
- ↑ Tascarella, Patty. "Chicago tech firm Trustwave acquires BitArmor". Retrieved 2010-01-12.
- ↑ Lyons, Kim. "German firm pays $200 million for Renal Solutions". Retrieved 2014-07-31.
- ↑ "Apollo Group to Acquire Carnegie Learning" (Press release). Apollo Group. 2011-08-02.
- ↑ "Entrepreneurs to Benefit from New Source of Venture Capital; Draper Triangle Ventures Announces $40 Million First Round Closing".
- ↑ "VC firm Draper Triangle Ventures hires TechColumbus' Will Indest to lead Columbus office - Columbus Business First". Columbus Business First. Retrieved 2016-03-15.
- ↑ "VC Draper Triangle invests here". Crain's Detroit Business. Retrieved 2016-03-15.
- ↑ Loizos, Connie. "Under Tim Draper, Draper Network Extends Reach, Eyes New Funding Model". TechCrunch. Retrieved 2016-03-15.