PSINet Ventures

Summary

PSINet Ventures appeared to be the VC, which was created in 2000. The leading representative office of defined VC is situated in the Herndon. The fund was located in North America if to be more exact in United States.

The fund has exact preference in some founders of portfolio startups. Among the various public portfolio startups of the fund, we may underline Marathon Technologies, OnSite Access, Reelplay.com We can highlight the next thriving fund investment areas, such as Communications Infrastructure, Information Technology. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States.

The standard case for the fund is to invest in rounds with 3-4 partakers. Despite the PSINet Ventures, startups are often financed by The Carlyle Group, Waterview Advisors, Sycamore Ventures. The meaningful sponsors for the fund in investment in the same round are Spectrum Equity, North Bridge Venture Partners & Growth Equity, Veritech Ventures. In the next rounds fund is usually obtained by North Bridge Venture Partners & Growth Equity, Prism Venture Management, Venrock.

The top activity for fund was in 2000. The common things for fund are deals in the range of 10 - 50 millions dollars. Comparing to the other companies, this PSINet Ventures performs on 8 percentage points more the average number of lead investments. The fund is constantly included in less than 2 deals per year. The typical startup value when the investment from PSINet Ventures is 10-50 millions dollars. The real fund results show that this VC is 17 percentage points more often commits exit comparing to other companies. The higher amount of exits for fund were in 2000.