WestSummit Capital

Summary

In 2009 was created WestSummit Capital, which is appeared as VC. The fund was located in North America if to be more exact in United States. The leading representative office of defined VC is situated in the Menlo Park.

Comparing to the other companies, this WestSummit Capital performs on 11 percentage points less the average number of lead investments. The higher amount of exits for fund were in 2014. The fund is generally included in 2-6 deals every year. The real fund results show that this VC is 1 percentage points more often commits exit comparing to other companies. The top activity for fund was in 2014. Despite it in 2019 the fund had an activity. Deals in the range of 10 - 50 millions dollars are the general things for fund. The typical startup value when the investment from WestSummit Capital is more than 1 billion dollars.

The fund was created by Datong Chen, Raymond Yang. Besides them, we counted 10 critical employees of this fund in our database.

The typical case for the fund is to invest in rounds with 5-6 participants. Despite the WestSummit Capital, startups are often financed by Sierra Ventures, Tran Ventures, Thomvest Ventures. The meaningful sponsors for the fund in investment in the same round are Intel Capital, Sierra Ventures, Qualcomm Ventures. In the next rounds fund is usually obtained by Qualcomm Ventures, Intel Capital, Vertex Ventures Israel.

Among the most successful fund investment fields, there are Robotics, Cloud Computing. For fund there is a match between the location of its establishment and the land of its numerous investments - United States. The fund has no exact preference in a number of founders of portfolio startups. In case when startup counts 5+ of the founder, the chance for it to get the investment is meager. Besides, a startup needs to be aged 6-10 years to get the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Unity Technologies, Ninebot, 3D Robotics.