Bay Partners

History

Bay Partners is one of the longest-running venture capital firms in Silicon Valley. Founded in 1975 by the legendary John Friedenrich, Bay has invested in early tech leaders such as Brocade, Informatica, Eloqua, Guidewire, Xactly and Mulesoft. Bay’s 2006 vintage fund is one of the industry’s top performing funds, ranked #2 by PitchBook.

Investing Philosophy

Neal looks for early-stage companies and founders that show passion, perseverance and personality. Passion brings the life and energy required to drive innovation. Perseverance keeps the company going, no matter what obstacles come along. Personality is that je ne sais quoi that makes the company and its founders potential industry leaders. Neal is drawn to founders that are willing to do something that scares them, even if it means failing once or twice.

Guidewire
Market Cap $6.9B
Apigee
Sold for $625M
Brocade Communication Systems
Sold for $5.5B
Eloqua
Sold for $967M
Lending Club
Market Cap $866M
Informatica
Sold for $5.3B
MuleSoft
Sold for $6.5B
Buddy Media
Sold for $772M
Exodus Communication
Sold for $800M
Xactly Corporation
Sold for $564M
Cornerstone OnDemand
Market Cap $2.6B
SonicWall
 Sold for $717M