The PE Data Center Buzz

Private Company Valuations: Greylock Partners

Posted by Justin Byers, Lead Business Intelligence Analyst on October 30, 2008

Greylock Partners has offices on both coasts and also in India and Israel. You are probably familiar with some of their investments that we have covered in previous Buzzes (EX: Facebook, Cuil, LinkedIn). There are a few more companies that are becoming well-known names, and they have also received financing from Greylock. In this week's Buzz, we are going to take a look at a few of the other companies that have recently received additional funding thanks to the participation of Greylock Partners.

Cost of Capital Benchmark

We plugged in the details of each round into our Cost of Capital Benchmark tool, and as you can see, so far, Digg, Inc. and Kickfire, Inc. have received the most "company friendly" capital as compared to Imperva, Inc.

Keep in mind, the lower you are on the chart, the more company-friendly the money, the higher you go on the chart, the more investor-friendly the money. If you are a company raising money, you want be lower on the chart. This is a time when it is not best to be on top if you are the company raising money.

Digg, Inc. is located in San Francisco. The company runs a user driven website, where all of the content is submitted by its users. If a users content is viewed enough (receives enough "Diggs"), then it is moved to the front of the site. The company has raised three rounds of venture financing so far. Participants in these rounds have included Greylock Partners, Highland Capital Partners LLC, SVB Capital Partners, and Omidyar Networks.

The Deal Terms of these rounds were:

Imperva, Inc. is headquartered in the U.S. in Redwood Shores, California. Imperva develops application data security and protection solutions. There was a total of approximately $20 MM in financing closed earlier this year in a Series D round. Participating firms in this round were Greylock Partners, U.S. Venture Partners, Venrock Associates, Accel Partners, and Meritech Capital Partners.

The Deal Terms of this round were:

Located in Santa Clara, California is Kickfire, Inc. The company has taken a dramatically different approach to achieving fast database query performance. They have developed the first easy-to-use and affordable high-performance analytic appliance for the MySQL market. The company closed on an additional $20 MM in July of this year.

The Deal Terms of this round were:

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