1. Tech IPOs - 2012
Selected VC-backed tech IPOs in 2012
Offer Value ($M) * Company Exchange:Ticker Selected Venture Investors
May 17 $56,890 Facebook NASDAQ:FB Accel, DST, Elevation, Founders Fund, Greylock, GS, MeriTech, Microsoft, T. Rowe Price, WTI
Oct 11 $9,288 Workday NYSE:WDAY NEA, Greylock
Jun 28 $4,062 ServiceNow NYSE:NOW Greylock, JMI, Sequoia
Jul 19 $3,741 Palo Alto Networks NYSE:PANW Globespan, Greylock, JAFCO, JAIC, Northgate, Sequoia
Apr 18 $2,896 Splunk NASDAQ:SPLK August, Ignition, JK&B, Sevin Rosen
Mar 21 $2,873 Vantiv NYSE:VNTV Advent, Fifth Third Bancorp
Jul 19 $1,800 Kayak (acquired by Priceline on Nov 8) NASDAQ:KYAK Accel, General Catalyst, Oak Investment, Sequoia
Jan 24 $1,702 Guidewire Software NYSE:GWRE Battery, Bay, Gabriel, Partners, USVP
Nov 15 $1,407 Ruckus Wireless NYSE:RKUS Focus, Mitsui, Motorola Mobility, Sequoia, Six Rivers, TELUS, T-Online
Mar 21 $1,379 ExactTarget NYSE:ET Battery, Greenspring, Insight, Montagu Newhall, OpenView, Scale, TCV
Mar 01 $1,203 Yelp NYSE:YELP Benchmark, Bessemer, Elevation
Mar 28 $1,017 Millennial Media NYSE:MM NEA, Acta Wireless, Bessemer, Charles River, Columbia
Aug 01 $956 Eloqua (acquired by Oracle on Dec 20) NASDAQ:ELOQ Bay, Bessemer, JMI
Apr 19 $872 Infoblox NYSE:BLOX Chess, Dillon, Duchossois, Focus, Open Prairie, Paradigm, Sequoia
Feb 01 $872 AVG Technologies NYSE:AVG Benson, Oak, TA
Feb 07 $863 EPAM Systems NYSE:EPAM Da Vinci CIS, Rainmeadow, Russia Partners
Mar 22 $811 Vipshop NYSE:VIPS DCM, Sequoia
Oct 10 $801 Shutterstock NYSE:SSTK Insight
Mar 14 $798 Demandware NYSE:DWRE General Catalyst, North Bridge, T-Venture
Oct 05 $785 FleetMatics NYSE:FLTX Investcorp, IVP, New World, Oyster
Dec 12 $784 SolarCity NASDAQ:SCTY DFJ, Mayfield, Silver Lake
Nov 20 $741 YY NASDAQ:YY Favor Star, GGV, Morningside, Steamboat, Tiger Global Management, Top Brand
Feb 23 $675 Bazaarvoice NASDAQ:BV Austin, Battery, Constantin, European Founders, First Round
Mar 14 $666 M/A-Com Technology NASDAQ:MTSI Summit
Oct 03 $632 LifeLock NYSE:LOCK Bessemer, Biltmore, GS, Industry, KPCB, Symantec
Aug 07 $483 Peregrine Semiconductor NASDAQ:PSMI Advanced Equities, Morgenthaler, Palisades, Ridgewood
Sep 27 $435 Qualys NASDAQ:QLYS Bessemer, GRP, Trident
Sep 19 $435 Trulia NYSE:TRLA Accel, Fayez Sarofim, Sequoia
Apr 19 $395 Proofpoint NASDAQ:PFPT Benchmark, DAG, MDV, MeriTech, RRE
Jan 05 $367 Beyondsoft SZSE:002649 Shenzhen Co-Win, Wuxi
Jul 25 $358 E2open NASDAQ:EOPN B&M, Crosspoint, Invesco, JK&B
Feb 17 $260 Brightcove NASDAQ:BCOV Accel, General Catalyst
Jun 10 $255 Ambarella NASDAQ:AMBA Benchmark, DAG, Matrix, Walden
May 09 $210 Audience NASDAQ:ADNC NEA, Tallwood, VentureTech Alliance, Vulcan
Jun 28 $131 Exa NASDAQ:EXA Boston Capital, Fidelity
Feb 17 $108 INSIDE Secure ENXTPA:INSD Alta Berkeley, GGV, Sofinnova, Vertex
Mar 28 $99 CafePress NASDAQ:PRSS PacRim, Sequoia, Stratim
Apr 24 $45 Envivio NASDAQ:ENVI Atlantic Bridge, Crédit Agricole Private Equity, Crescendo, HarbourVest, Sageview, Saints
$102,096M across 38 companies
Source: Company filings, press releases, Capital IQ, VentureSource, and the 451 Group.
* Market cap as of December 21, 2012. The market caps of acquired companies are based on acquisition values.
New Enterprise Associates 1/3 12/22/2012

2. Tech Acquisitions - 2012
Selected VC-backed tech M&A in 2012, greater than $100M
Announced Value ($M) Company Acquiror Selected Venture Investors
May 22 $4,608 Ariba SAP America KPCB, T. Rowe Price
Mar 19 $2,333 AboveNet Zayo Group TA, York Management, Columbia Wanger, JWK Enterprises LLC, Corvex
Aug 14 $2,177 MStar Semiconductor MediaTek GA, Asustek
Jul 23 $1,260 Nicira VMware NEA, Lightspeed, A16Z, VMware
Nov 18 $1,200 Meraki Cisco Sequoia, Google, Northgate, Felicis, DAG
Charles River, DFJ, MeriTech, USVP, Emergence, Capricorn Investment, Founders Fund, Khosla, SV Angel, Goldcrest
Jun 15 $1,200 Yammer Microsoft Investments, Social+Capital, CrunchFund
Japan Asia Investment Co., JAFCO, Venrock, Temasek, GGV, KTB Investment & Securities, KTB, CITIC Trust, Capital Today,
Mar 12 $1,144 Tudou Youku Yunnan PanLong, CyberAgent, Sina
Apr 09 $904 Instagram * Facebook A16Z, Baseline, Benchmark, Greylock, Lowercase, Sequoia, Thrive
Jun 04 $745 Buddy Media salesforce.com Bay, Insight, IVP, KB, Counsel RB, GGV, SoftBank, Greycroft LLC, WPP Digital
Jul 02 $670 Merchant e-Solutions Cielo Trident, 3i Group
Jun 20 $540 AKQA WPP GA
Aug 10 $506 VanceInfo Technologies Pactera Technology Government of Singapore, Legend, Lone Pine, Morgan Stanley, Sequoia, Viking
Jun 07 $435 Bytemobile Citrix Benchmark, Innovacom, Trident, Argo Global, Dot Edu, Eastven, Skymoon, CrossBridge, Vesbridge, CrossTechnology
May 10 $430 XtremIO EMC Battery, Jerusalem, Giza, Lightspeed
Apr 27 $424 Demandforce Intuit Palo Alto, Benchmark, Floodgate
Jul 27 $400 AuthenTec Apple Advantage, AWM Investment, CrossLink, Diamondhead, EDBV, Partners Group, Sofinnova
Jul 01 $380 Gaikai Sony NEA, Benchmark, Rustic Canyon, Intel, Qualcomm, TriplePoint
Apr 26 $360 Gemcom Software Dassault Systemes SA JMI Equity, Carlyle, Pala Investments
Nov 30 $350 Silver Tail EMC A16Z, Citi, EMC, Leapfrog, Seraph, Startup
Feb 29 $331 SeaMicro AMD DFJ, CrossLink, Khosla
Jan 17 $326 Convio Blackbaud Austin, Adams Street, El Dorado, Adobe, Rembrandt, GGV, Janus, Pacific, Gabelli, GAMCO, ATEL, GGCP
Apr 30 $323 PLX Technology IDT VantagePoint, Royce & Associates, Balch Hill, Artis
Mar 05 $321 Amobee SingTel Accel, Cisco, Globespan, Amdocs, Telefónica, Motorola Solutions, Vodafone, Sequoia
Apr 26 $263 Torex Retail Holdings MICROS Systems GA, Cerberus
Feb 24 $254 Lightwire Cisco Novitas, Artiman, New Science
Mar 16 $250 NEXX Systems Tokyo Electron Enterprise, Genevest Consulting, Sigma, Endeavour Vision SA
Jun 19 $248 Link_A_Media Devices SK Hynix KeyNote, Micron, Lightspeed, SunAmerica, Micron, ITOCHU
Cisco, Evergreen, Greylock, Menlo, Star, Pitango, Intel, Comverse, Gold Hill Management, Coral Group, Evergreen Management,
Jun 05 $239 AeroScout Xmark Eureka
Mar 21 $236 BroadLight Broadcom Star, Israel Seed, Azure, Delta, Poalim, Plenus Lending Solutions
Feb 28 $236 iContact Corporation Vocus JMI Equity, North Atlantic, Updata, IDEA Fund, UNC Kenan-Flagler
Aug 06 $220 Bleacher Report Turner Broadcasting System Oak Investment, CrossLink, SoftTech
Mar 26 $217 Opnext Oclaro Cross Atlantic, Hitachi, Clarity
May 01 $210 Funzio GREE International IDG
Jun 20 $197 IOB Folhamatic Group Sage Group plc Insight
Feb 01 $187 M5 Networks ShoreTel Edison Venture Fund, Milestone, Escalate, Greycroft
Mar 21 $183 OMGPOP Zynga Bessemer, Rho, SoftBank, Spark, Y Combinator, Betaworks, Baseline, Founder Collective, SV Angel
Nov 12 $175 Ziff Davis Media j2 Global Great Hill, Insight, Ziff-Davis
Mar 26 $174 ClairMail Monitise Norwest, Outlook, Investor Growth, TELUS, Wellington, JAFCO, Active Starts
Oct 24 $174 Pokelabo Gree DCM, Sega, Incubate Fund, Selene, Core People Investment
Dec 12 $169 Contrail Systems Juniper Networks Khosla
Jul 02 $160 BreakingPoint Systems Ixia Austin, Genesis Inventions
Apr 03 $137 LogLogic TIBCO Focus, Sequoia, Telesoft, WorldView Technology, SAP, Omnes, R Management, ITOCHU, Elaia
Feb 20 $134 Traffix Systems F5 Networks Bessemer, StageOne, Shaked
Jan 01 $130 Netmagic Solutions NTT Communications Cisco, Nokia Growth, FIL Fund Management, Nexus, Fidelity
May 24 $128 PowerReviews Bazaarvoice Draper Richards, Menlo, Woodside Fund, Atomico, Tenaya, Four Rivers
Sep 03 $117 MicroProbe FormFactor Gemini Investors, Intel, Flywheel
ABS, ACT, Advent, AlpInvest, Kreos, Global Emerging Markets, Foresight Group, Barclays, Foresight 4 Vct, Barclays, Globe
Aug 16 $115 Adeptra Fair Isaac Nominees Limited
Mar 12 $100 Aldebaran Robotics Softbank Omnes, I-Source Gestion, Intel, Innovation SAS
$26,019M across 48 companies
Source: Company filings, press releases, Capital IQ, VentureSource, and the 451 Group.
Note: Restricted to M&A exits greater than $100M. Taleo excluded due to lack of continued VC ownership at time of acquisition.
* Value based on $300M in cash and 23M Facebook shares (with FB trading at $26.26 as of December 21, 2012).
New Enterprise Associates 2/3 12/22/2012

3. VCs Listed by Number of Exits in 2012 (Tech)
26 venture firms with at least 3 tech IPOs or acquisitions during 2012
VC IPOs/M&A Selected Companies
Sequoia 13 ServiceNow, Palo Alto Networks, Kayak, Ruckus Wireless, Infoblox, Vipshop, Trulia, CafePress, Meraki, Instagram, VanceInfo Technologies, Amobee, LogLogic
Benchmark 7 Yelp, Proofpoint, Ambarella, Instagram, Bytemobile, Demandforce, Gaikai
Bessemer 7 Yelp, Millennial Media, Eloqua, LifeLock, Qualys, OMGPOP, Traffix Systems
Greylock 6 Facebook, Workday, ServiceNow, Palo Alto Networks, Instagram, AeroScout
NEA 5 Workday, Millennial Media, Audience, Nicira, Gaikai
Accel 5 Facebook, Kayak, Trulia, Brightcove, Amobee
Insight 5 ExactTarget, Shutterstock, Buddy Media, IOB Folhamatic Group, Ziff Davis Media
GGV 5 YY, INSIDE Secure, Tudou, Buddy Media, Convio
Battery 4 Guidewire Software, ExactTarget, Bazaarvoice, XtremIO
Intel 4 Gaikai, AeroScout, MicroProbe, Aldebaran Robotics
A16Z 3 Nicira, Instagram, Silver Tail
Bay 3 Guidewire Software, Eloqua, Buddy Media
CrossLink 3 AuthenTec, SeaMicro, Bleacher Report
Focus 3 Ruckus Wireless, Infoblox, LogLogic
General Catalyst 3 Kayak, Demandware, Brightcove
JAFCO 3 Palo Alto Networks, Tudou, ClairMail
Khosla 3 Yammer, SeaMicro, Contrail Systems
Lightspeed 3 Nicira, XtremIO, Link_A_Media Devices
MeriTech 3 Facebook, Proofpoint, Yammer
Trident 3 Qualys, Merchant e-Solutions, Bytemobile
DAG 3 Proofpoint, Ambarella, Meraki
DFJ 3 SolarCity, Yammer, SeaMicro
Austin 3 Bazaarvoice, Convio, BreakingPoint Systems
GA 3 MStar Semiconductor, AKQA, Torex Retail Holdings
Cisco 3 Amobee, AeroScout, Netmagic Solutions
Sofinnova 2 INSIDE Secure, AuthenTec
Source: Company filings, press releases, Capital IQ, VentureSource, and the 451 Group.
Note: Restricted to M&A exits greater than $100M and selected IPOs.
New Enterprise Associates 3/3 12/22/2012