PALO ALTO, Calif. & LONDON--(TCV London office. TCV General Partner John Rosenberg heads the office, and he is joined by new TCV Principal John Doran who was previously with Summit Partners. The TCV London team will focus on investments in growth-stage companies in the Internet, software, financial technology, infrastructure, and technology-enabled services sectors across the continent.)--Technology Crossover Ventures (TCV), a leading provider of capital to growth-stage technology companies, announced today that the firm is expanding into Europe with the opening of the
“With the strong culture of innovation in Europe, we see tremendous opportunities for investing in growth-stage technology companies throughout the region, as well as supporting our portfolio companies’ global expansion plans.”
“Enabled by cloud-based computing, frictionless sales models, and ubiquitous connectivity, more technology businesses are thinking and acting on a global scale,” observed TCV General Partner John Rosenberg. “With the strong culture of innovation in Europe, we see tremendous opportunities for investing in growth-stage technology companies throughout the region, as well as supporting our portfolio companies’ global expansion plans.”
Mr. Rosenberg, who has played a strategic role at TCV for the last 12 years, will spearhead new investments in Europe while ensuring continuity with the strategy that has established TCV as one of the world’s pre-eminent providers of capital to growth-stage technology companies. Mr. Doran brings deep experience investing in software, financial technology and Internet companies.
“Our expansion into Europe builds on our proven strategy of partnering with entrepreneurs, investors and their advisors to identify and invest in companies that can become leaders in their markets,” said TCV Founding General Partner Jay Hoag. “With John Rosenberg and John Doran, we now have a stellar team to extend the successes we’ve realized in North America across Europe.”
About John Rosenberg
Mr. Rosenberg joined TCV in 2000 and has over 14 years of financial and investment experience. Mr. Rosenberg currently serves on the board of Think Finance. His other current investments include Eladian Partners; Interactive Brokers Group, Inc. (NASDAQ: IBKR); kgb (118-118); Liquidnet Holdings, Inc.; and Travelport, Ltd. Additionally, Mr. Rosenberg has been involved with previous TCV investments, including Automated Trading Desk, LLC (acquired by Citigroup); Capella Education Company (NASDAQ: CPLA); FX Alliance Inc. (acquired by Thomson Reuters); and Thinkorswim Group, Inc. (acquired by Investools, Inc.) among others. Prior to joining TCV, Mr. Rosenberg was a business development manager at WeddingChannel.com where he focused on strategic development and financial reporting activities. Previously, he was an analyst in the technology investment banking group at Robertson Stephens & Company. Mr. Rosenberg received a B.A. in economics from Princeton University.
About John Doran
Mr. Doran joined TCV in 2012 and is a principal in the firm’s London office. Prior to joining TCV, he was with Summit Partners where he focused on sourcing, evaluating and executing investments across the technology sector. Before Summit, Mr. Doran was based in India where he worked for the Xander Group. He started his career in investment banking at Morgan Stanley in the mergers and acquisitions group. Mr. Doran received an A.B. in economics from Harvard University and an MBA from Harvard Business School.
Technology Crossover Ventures (TCV), founded in 1995, is a leading provider of capital to growth-stage technology companies, providing funds to later-stage private and public companies. With $7.7 billion in capital raised, TCV has invested in nearly 200 technology companies over the last 17 years. Selected investments include Altiris, C|NET, ExactTarget, Expedia, Facebook, Fandango, FX Alliance, Go Daddy, Genesys Software, Groupon, HomeAway, Netflix, RealNetworks, Redback Networks, RiskMetrics Group, Sitecore, Splunk, Thinkorswim, and Zillow. TCV has 11 partners and is headquartered in Palo Alto, CA with offices in New York, NY and London. For more information about TCV, including a complete list of TCV investments, visit www.tcv.com.