July 25, 2014 6:14 AM ET

Capital Markets

Company Overview of Canaan Partners

Company Overview

Canaan Partners is a venture capital firm specializing in all stages of development, seed financings, start-ups, growth and early stage investments, typically Series A and B financings. It typically invests in technology and healthcare sectors. Within technology, it focuses on fintech, big data, cloud, mobile, consumer software, advertising and marketing, clean technology, security, domains, wireless, managed services, online advertising, electronic payments, mobile, micro payments, and loyalty services, electronics and computer hardware, digital media, enterprise software and services, and communications and mobility. In clean technology, the firm invests in early stage and mid-stage in tec...

2765 Sand Hill Road

Menlo Park, CA 94025

United States

Founded in 1987

Phone:

650-854-8092

Fax:

650-854-8127

Key Executives for Canaan Partners

Partner and Co-Founder
Chief Financial Officer and Administrative General Partner
General Partner
Age: 51
General Partner
Age: 57
General Partner
Age: 51
Compensation as of Fiscal Year 2014.

Canaan Partners Key Developments

UnitedLex Reportedly Up For Sale

Helion Venture Partners, LLC, Sequoia Capital and Canaan Partners are reportedly looking to sell UnitedLex Corporation for $200 million. Helion Venture, Sequoia Capital and Canaan Partners have reportedly mandated Credit Suisse to look for a buyer for the company with a hybrid offshoring model, people familiar with the matter said. Investment bankers have approached strategic buyers like Huron Consulting Group Inc. (NasdaqGS:HURN), Copal Partners and private equity buyout funds with the sale offer, sources mentioned earlier said. Pavan Vaish, global Chief Operating Officer of UnitedLex, said the news was inaccurate, “Given where we are in terms of delivered performance and the fact that we continue to see significant business growth in the coming year".

Cannan Partners To Exit Bharatmatrimony, Iyogi And UnitedLex

Canaan Partners said three of its portfolio companies Matrimony.com Pvt. Ltd., iYogi, Inc. and UnitedLex Corporation have matured for an exit and it will look for some sell-offs in 2014. "Three of our portfolio companies are mature and profitable companies right now...We will be looking forward for exiting them," Cannan Partners Managing Director Alok Mittal said. When asked about the route which could be taken for the exits, Mittal said an initial public offering, a strategic player acquiring it or a large buy-out fund picking it up in a secondary sale, are part of the options.

Canaan Partners Presents at Southeast BIO Investor & Partnering Forum, Nov-06-2013 through Nov-07-2013

Canaan Partners Presents at Southeast BIO Investor & Partnering Forum, Nov-06-2013 through Nov-07-2013. Venue: Jefferson Hotel, Richmond, Virginia, United States. Presentation Date & Speakers: Nov-07-2013, Seth A. Rudnick, Venture Partner and Partner.

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