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Windward Ventures

North America, California, United States, San Diego

Description

Windward Ventures is a venture capital firm established in 1999, headquartered in San Diego, California. The firm was founded with a strategic focus on identifying and investing in early-stage, high-growth companies, primarily within the technology and life sciences sectors. During its active investment period, Windward Ventures managed a fund totaling approximately $40 million, which it deployed to support promising startups. Its investment thesis centered on providing capital to innovative businesses poised for significant market disruption and expansion.

The firm's investment strategy involved providing initial capital to companies with strong management teams and scalable business models. Windward Ventures typically participated in early funding rounds, aiming to foster the development and commercialization of new technologies and services. For instance, the firm made a notable investment of $1.5 million in San Diego-based Gen-Probe Inc., a molecular diagnostics company, and also invested $2.5 million in Senomyx Inc., a company focused on taste technologies. These investments exemplify their commitment to supporting local innovation and high-potential ventures.

While Windward Ventures built a portfolio of successful companies, with some achieving significant exits through acquisitions, the firm appears to have significantly reduced its new investment activity in recent years. Most of its publicly disclosed investments date back to the early 2000s, suggesting that it may be operating as a legacy fund, managing its existing portfolio rather than actively seeking new portfolio companies in the current market. Consequently, information regarding its contemporary investment criteria or typical check sizes for new deals is limited.

Investor Profile

Windward Ventures has backed more than 36 startups, with 0 new investments in the last 12 months alone. The firm has led 6 rounds, about 17% of its total and boasts 10 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series Unknown, Series C rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Software, Enterprise Software, Manufacturing.
  • Typical check size: $1M – $5M.

Stage Focus

  • Series B (33%)
  • Series Unknown (22%)
  • Series C (17%)
  • Series A (14%)
  • Series D (8%)
  • Series E (3%)
  • Series G (3%)

Country Focus

  • United States (97%)

Industry Focus

  • Software
  • Enterprise Software
  • Manufacturing
  • Cloud Computing
  • Information Technology
  • Web Hosting
  • Semiconductor
  • Network Hardware
  • Small And Medium Businesses
  • Electronics
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Windward Ventures frequently co-invest with?

Dynafund Ventures
North America, California, United States, Torrance
Co-Investments: 3
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 4
Crosslink Capital
North America, California, United States, Menlo Park
Co-Investments: 3
Anthem Venture Partners
North America, California, United States, Santa Monica
Co-Investments: 4
Palomar Ventures
North America, California, United States, Ladera Ranch
Co-Investments: 6
U.S. Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 5
El Dorado Ventures
North America, California, United States, Menlo Park
Co-Investments: 3
Mission Ventures
North America, California, United States, San Diego
Co-Investments: 7
Valhalla Partners
North America, Virginia, United States, Vienna
Co-Investments: 5
Intel Capital
North America, California, United States, Santa Clara
Co-Investments: 7

Which angels does Windward Ventures often collaborate with?

CJ
North America, California, United States, San Diego
Shared Deals: 1

What are some of recent deals done by Windward Ventures?

Nirvanix

San Diego, California, United States

cloud storage, business phone systems, voip, pbx, sip trunks

Cloud ComputingCloud Data ServicesCloud ManagementEnterprise SoftwarePrivate CloudSmall and Medium BusinessesVoIP
Series CMay 3, 2012
Amount Raised: $25,000,000
Nirvanix

San Diego, California, United States

cloud storage, business phone systems, voip, pbx, sip trunks

Cloud ComputingCloud Data ServicesCloud ManagementEnterprise SoftwarePrivate CloudSmall and Medium BusinessesVoIP
Series BNov 10, 2010
Amount Raised: $10,000,000
Nirvanix

San Diego, California, United States

cloud storage, business phone systems, voip, pbx, sip trunks

Cloud ComputingCloud Data ServicesCloud ManagementEnterprise SoftwarePrivate CloudSmall and Medium BusinessesVoIP
Series BApr 9, 2009
Amount Raised: $5,000,000
SynergEyes

Carlsbad, California, United States

SynergEyes is a developer of technologically-advanced hybrid contact lenses.

Health CareManufacturingMedical Device
Series CFeb 9, 2009
Amount Raised: $13,300,000
Astute Networks

San Diego, California, United States

Astute is a provider of performance storage appliances for physical, virtual, and cloud computing environments.

Cloud ComputingEnterprise SoftwareNetwork Hardware
Series COct 22, 2008
Amount Raised: $7,900,000
Nirvanix

San Diego, California, United States

cloud storage, business phone systems, voip, pbx, sip trunks

Cloud ComputingCloud Data ServicesCloud ManagementEnterprise SoftwarePrivate CloudSmall and Medium BusinessesVoIP
Series ADec 19, 2007
Amount Raised: $18,000,000
Nirvanix

San Diego, California, United States

cloud storage, business phone systems, voip, pbx, sip trunks

Cloud ComputingCloud Data ServicesCloud ManagementEnterprise SoftwarePrivate CloudSmall and Medium BusinessesVoIP
Series UnknownSep 18, 2007
Amount Raised: $12,000,000
Syntricity

San Diego, California, United States

Syntricity develops enterprise yield management software solutions for semiconductor companies, test vendors, and wafer foundries.

ElectronicsEnterprise SoftwareManufacturingSemiconductorSoftware
Series CMay 11, 2007
Amount Raised: $1,355,000
Proximetry

San Diego, California, United States

Proximetry delivers software solutions that enable the management of the "most critical things" in the Internet of Things (IoT).

InfrastructureInternet of ThingsMobileSoftware
Series AApr 4, 2007
Amount Raised: $5,000,000
Strix Systems

Newbury Park, California, United States

Strix Systems provides wireless mesh networking equipment deployed for public safety, industrial, municipal, rapid transit, and more.

Information ServicesWeb HostingWireless
Series GOct 23, 2006
Amount Raised: $7,000,000