Binary Capital
Limited liability company | |
Industry | Venture capital |
Founded | 2014 |
Headquarters | San Francisco, California, United States |
Total assets | $300 Million |
Website | www.binarycap.com |
Binary Capital is an early stage venture capital firm based in San Francisco. Binary Capital was founded in 2014 by Jonathan Teo[1][2] and Justin Caldbeck[3] and focuses on early stage consumer technology companies.[4] The founders' previous investment experience includes roles at General Catalyst Partners, Benchmark Capital, Lightspeed Venture Partners, and Bain Capital Ventures.
The firm has a total of over $300 million under management. Binary's first fund manages $125 million. Their second fund was recently announced and will manage $175 million.[5][6][7][8]
Binary’s founding partners got behind Tinder at 12,000 active users, Snapchat at 120,000, and Instagram at 220,000 users.[9]
Notable investments
References
- ↑ https://www.weforum.org/people/jonathan-teo/
- ↑ http://www.forbes.com/sites/alextaub/2013/08/08/batting-practice-learning-to-hit-homeruns-with-jonathan-teo/#45de45c43e71
- ↑ http://www.bloomberg.com/research/stocks/private/person.asp?personId=30693262&privcapId=269314883
- ↑ http://dealbook.nytimes.com/2014/07/28/new-venture-fund-binary-capital-focuses-on-mission-not-just-metrics/
- ↑ http://www.binarycap.com/
- ↑ https://www.crunchbase.com/organization/binary-capital#/entity
- ↑ https://techcrunch.com/2016/08/01/binary-capital/
- ↑ http://www.wsj.com/articles/startups-try-to-spread-outside-of-silicon-valley-1468209662
- ↑ https://techcrunch.com/2016/08/01/binary-capital/
This article is issued from Wikipedia - version of the 10/10/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.