Iris Capital
Industry | Venture capital |
---|---|
Founded | 1986 |
Headquarters | Paris, San Francisco, Montreal, Düsseldorf, Beijing, Tokyo, Riyadh, Dubai |
Number of locations | 8 |
Total assets | EUR 900 million + |
Website | www.iriscapital.com |
Iris Capital is a venture capital firm, specialized in the digital economy, primarily active in Europe. Since its creation, the Iris Capital team has invested more than a billion Euros in over 230 innovative companies.[1] Iris Capital is sponsored by Orange and Publicis since 2012.[2]
Overview
Created in 1986 within the Caisse des Dépôts, the team was spun off in 2003 and became Iris Capital.[3] Investing internationally since 1991, Iris Capital has always held a sector-specific strategy covering media, telecommunications, information technology and Internet services, which have converged into today's digital economy.
Geographical reach
Iris Capital has invested in over 20 countries (of which 18 in Europe) and is mainly active in continental Europe, with a core activity in France, Germany, Benelux and Switzerland. Iris Capital acts as lead investor or in some circumstances as value-added co-investor, with its global footprint helping portfolio companies develop internationally.[4] Moreover, Iris Capital in the Middle East is the fund manager of STC Ventures, the corporate venture fund of Saudi Arabian telecom operator, STC.[5] Iris Capital has offices in Paris, Düsseldorf, Montreal, San Francisco, Beijing, Tokyo, Riyadh and Dubai.[6]
Active portfolio
Among Iris Capital's recent portfolio companies are the following:
- AppGratis – France: App discovery and promotion service[7]
- BuyBox (Oonetic) – France: e-commerce social payment solution[8]
- Delfmems – France: RF MEMS switching solutions for mobile handset[9]
- Kyriba – France/USA: treasury solutions in the cloud[10]
- Lookout – USA: mobile security[11]
- MCI Group – Switzerland: planning and management of corporate events[12]
- MedicAnimal – UK: online retailer of veterinary products and pet supplies[13]
- MoPub – USA: hosted ad serving solution built specifically for mobile publishers (sold to Twitter)[14]
- MyThings – USA: retargeting, pre-targeting & look-alike targeting[15]
- ProWebCE – France: management solutions for works councils in France[16]
- Searchmetrics – Germany: advanced SEO software[17]
- Talend - France/USA: global leader in open source integration. [18]
- Tyntec – Germany: mobile & SMS interaction service provider[19]
- V3D – France: Quality of Service (QoS) and Quality of Experience (QoE) measurement software[20]
- Youscribe – France: community platform for sharing and selling digital publications[21]
Exits
Here are some past portfolio companies Iris Capital has backed:
- Alphanim – France (acquired by Gaumont)
- Cirpack – France (acquired by Thomson/Technicolor)
- Computec – Allemagne (acquired by Marquard Media)
- Erenis – France (acquired by Neuf Cegetel/SFR)
- FastBooking – France (acquired by 3i and EDRIP)
- Human Inference – Pays-Bas (acquired by Neopost)
- Kiala – Belgique (acquired by UPS)
- Let It Wave – France (acquired by Zoran)
- QSC – Allemagne (listed on TecDAX)
- OpenTrust – France (acquired by Keynectis)
- Outremer Telecom – France (acquired by Apax Partners)
- Phone.com – USA (listed on NASDAQ - now Openwave)
- Retelit – Italie (listed onLSE-Borsa Italiana)
- Swapcom – France (acquired by Swisscom)
- Store Electronic System – France (acquired by LBO France)
- Vox Mobili – France (acquired by On Mobile)
- Wavecom – France (listed on NASDAQ and Euronext, acquired by Sierra Wireless)
- Zantas – USA (acquired by Autonomy)
References
- ↑ Investment vehicle description of Iris Capital Fund III
- ↑ Another European Carrier Goes VC: Orange Partners With Publicis, Iris In $400M Fund
- ↑ Partcom lève 100 millions et devient Iris Capital
- ↑ VC firm Iris Capital in ambitious expansion plans
- ↑ Iris Capital manages STC Ventures, the newly-established Saudi Telecom Group venture fund
- ↑ Iris Capital Opens New Offices in Montreal, San Francisco, Beijing and Tokyo
- ↑ Iris Capital invests €5 m in AppGratis
- ↑ Iris Capital participates in the €1.7 m financing round of BuyBox
- ↑ Iris Capital participates in the €8.2 m financing round of DelfMEMS
- ↑ Kyriba Raises $10.6M in Growth Financing from Iris Capital and existing investor BRED
- ↑ IIris Capital invests in Lookout
- ↑ Iris Capital completes an equity investment in MCI
- ↑ Iris Capital lead investor in MedicAnimal.com for an expansion round of £5m
- ↑ Iris Capital invests in MoPub
- ↑ Iris Capital leads a $15 million financing round in display ad innovator myThings
- ↑ Iris Capital invests in ProWebCE
- ↑ New Searchmetrics Funding Round Raises Total to $11M
- ↑ Iris Capital invests in Talend
- ↑ Iris Capital invests in Tyntec
- ↑ Iris Capital leads a €2.2m round to finance the international expansion of V3D
- ↑ Iris Capital leads a 2M€ round for YouScribe's take-off