Greylock was founded in 1965 by Bill Elfers and Dan Gregory, joined shortly thereafter by Charlie Waite. Bill and Charlie had both worked at American Research and Development—one of the country’s first venture capital firms—while Dan was an investment manager at John P. Chase. The original capital ($9 million in total) was committed by a group of six prominent families, all of whom are still investors in Greylock.
Over the ensuing 45 years, Greylock has raised a series of partnerships, with current committed capital in excess of $2 billion, and helped build hundreds of companies, 150 of which have gone on to successful IPOs and more than 100 of which have gone on to successful mergers. Among them are: Ascend Communications, CheckFree, CipherTrust, Constant Contact, Continental Cable, Decru, Data Domain, DoubleClick, Farecast, Internet Security Systems, Ikanos, Legato, Media Metrix, Millennium Pharmaceuticals, Openwave, Open Market, OutlookSoft, Polyserve, Red Hat, RightNow Technologies, Success Factors, Sun Edison, Tellabs, Trilogy and Wily Technology.
Current Greylock portfolio companies include Data Robotics, Digg, Facebook, Imperva, LinkedIn, Palo Alto Networks, Pandora, Picarro, Redfin, Workday and ZipCar.
Greylock operates in a number of global centers of innovation, including Boston, China (Beijing), India (Bangalore), Israel (Herzliya) and Silicon Valley.
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Greylock Receives 2003 Harvard Business School Alumni Achievement Award
Since 1968, with the help of suggestions from alumni, students, faculty, and friends, Harvard has selected a number of outstanding men and women to receive its most important honor, the Alumni Achievement Award. Throughout their careers, these distinguished graduates have contributed significantly to their companies and communities, while upholding the highest standards and values in everything they do. As such, they represent the best in our alumni body. Exemplary role models, they inspire all those who aspire to have an impact on both business and society.
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