Successful Companies that Got Started with VC Funding
Google and VC
Efraim Landa is an entrepreneur who understands the difficulty of securing funding for a start up business. In general, funding is the biggest challenge that a founder may face when trying to get a business started and off to a good start. This is the premise behind why Efraim Landa chose to found his own VC firm, Effi Enterprises. A venture capital firm helps supply financial assistance to emerging businesses, inventors and entrepreneurs who need funds to reach their expected potential. A venture capital firm will buy part of the company as an investment so that the company has the funds to make the necessary changes and improvements. The goal is that the emerging company will go make an initial public offering or be acquired for a profit inside of about 10 years. Today many businesses still use start up funding provided by a venture capital firm such as Effi Enterprises.
In the US there were more than 6500 businesses funded by a VC firm between 2006 and 2011. 84 percent of these companies are presently operating independently and around 11 percent have either been acquired or have made an IPO. Just about 4 percent did not succeed. The other 1 percent are in IPO registration this year. Roughly 60 percent of companies that are funded by VC firms survive at least 3 years and about 35 percent make it to the 10 year mark. The 10 year mark is the goal for a company which is funded by venture capitalists to go public. Here are the top ten companies which remain successful after getting their start from venture capital funding.
The Top 3 Successful Businesses Backed by VC Funding
The Wall Street Journal publishes the top 50 companies that were funded by a venture capital firm. Many of the businesses provided for online consumers until the last few years. The top 3 companies are Genband Inc., Zirrus Inc., and Tabula Inc. These three companies were all started with VC funds and now rank in the top three US companies. Genband Inc. works with customers who use voice over internet protocol (VoIP) technologies. Xirrus Inc. is a manufacturer of wireless networking equipment that is used in offices which are going with in house wireless mobile devices for telecommunications. And Tabula Inc. makes semiconductors for different types of electronic products.
7 of the Top 10 Successful Start-ups backed by VC Funding
In the number 4 spot is Prosper Marketplace Inc. They were funded by a venture capital firm and work in the financial sector where they provide loans. They have made approximately 20,000 loans which add up to over $130,000. The number 5 spot is occupied by SpiderCloud Wireless Inc. They received start-up funds for their indoor mobile broadband services.
Slot 6 belongs to DocuSign Inc. who works in the financial and business sector to help them reduce the amount of paper documents. They provide the convenience of signing and delivering documents through web-based services. Glaukos Corp and NeuroPace Inc are in the 7th and 8th slot. Both of these businesses work with the health industry. Glaukos Corp has developed the first device to be used in the treatment of glaucoma since the 70s. The company provides therapies and medical technology which can reduce instances and severity of glaucoma in patients. NeuroPace Inc. has developed a system with which epileptic seizures can be monitored and stopped.
10gen Inc is the number 9 successful business that got its start through VC funding. It is an IT company that works with databases. And the 10th successful business on the Wall Street Journal’s list is Glam Media Inc. They run a series of 3400 online communities. The latest statistics show that they have approximately 240 million unique visits in a month’s time.
In the US there were more than 6500 businesses funded by a VC firm between 2006 and 2011. 84 percent of these companies are presently operating independently and around 11 percent have either been acquired or have made an IPO. Just about 4 percent did not succeed. The other 1 percent are in IPO registration this year. Roughly 60 percent of companies that are funded by VC firms survive at least 3 years and about 35 percent make it to the 10 year mark. The 10 year mark is the goal for a company which is funded by venture capitalists to go public. Here are the top ten companies which remain successful after getting their start from venture capital funding.
The Top 3 Successful Businesses Backed by VC Funding
The Wall Street Journal publishes the top 50 companies that were funded by a venture capital firm. Many of the businesses provided for online consumers until the last few years. The top 3 companies are Genband Inc., Zirrus Inc., and Tabula Inc. These three companies were all started with VC funds and now rank in the top three US companies. Genband Inc. works with customers who use voice over internet protocol (VoIP) technologies. Xirrus Inc. is a manufacturer of wireless networking equipment that is used in offices which are going with in house wireless mobile devices for telecommunications. And Tabula Inc. makes semiconductors for different types of electronic products.
7 of the Top 10 Successful Start-ups backed by VC Funding
In the number 4 spot is Prosper Marketplace Inc. They were funded by a venture capital firm and work in the financial sector where they provide loans. They have made approximately 20,000 loans which add up to over $130,000. The number 5 spot is occupied by SpiderCloud Wireless Inc. They received start-up funds for their indoor mobile broadband services.
Slot 6 belongs to DocuSign Inc. who works in the financial and business sector to help them reduce the amount of paper documents. They provide the convenience of signing and delivering documents through web-based services. Glaukos Corp and NeuroPace Inc are in the 7th and 8th slot. Both of these businesses work with the health industry. Glaukos Corp has developed the first device to be used in the treatment of glaucoma since the 70s. The company provides therapies and medical technology which can reduce instances and severity of glaucoma in patients. NeuroPace Inc. has developed a system with which epileptic seizures can be monitored and stopped.
10gen Inc is the number 9 successful business that got its start through VC funding. It is an IT company that works with databases. And the 10th successful business on the Wall Street Journal’s list is Glam Media Inc. They run a series of 3400 online communities. The latest statistics show that they have approximately 240 million unique visits in a month’s time.