Guest Post | Advt. | Query:

Telstra Ventures forms new fund with HarbourVest

A new fund focused on early to late stage venture investment opportunities in the US, Asia and Australia has been formed with the backing of Telstra and capital investment from HarbourVest, a global private markets investment specialist.

The agreement will see Telstra Ventures contributing its current investments into the new fund with a continued focus on technology and innovation for future investments.

The partnership will streamline investment activities in world-leading technology companies while continuing to leverage Telstra and HarbourVest’s global network.

“Consistent with our Telstra2022 corporate strategy announced last week this initiative will enable us to continue to leverage the benefits of our successful Telstra Ventures activation while supporting future growth with a new source of capital. We will also realise AU$75 million from the initial HarbourVest investment,” said Telstra Chief Executive Officer, Andrew Penn.

“HarbourVest’s commitment to the new fund validates the strength of the Telstra Ventures business. We are looking forward to the added experience, reach and scale they can bring as a long term institutional investor in the asset class.”

A key part of Telstra2022 is industry-leading portfolio management and this announcement supports this pillar.

“The Telstra Ventures team has built an attractive portfolio over the past six years and we are pleased to be supporting them alongside Telstra through their next phase of growth,” said Tim Flower, Managing Director at HarbourVest.

“We know that the best entrepreneurs seek investors with significant strategic and financial resources. The Telstra Ventures team has been investing in technology companies since 2011, and we are excited about this new phase and the capabilities it will add to our portfolio, Telstra, HarbourVest, and the broader ecosystem,” said Mark Sherman, Managing Director at Telstra Ventures.

About Telstra Ventures

With offices in the Silicon Valley, Sydney and Shanghai, Telstra Ventures’ mission is to invest in market leading, high growth companies that are strategically aligned with Telstra. Telstra Ventures targets innovative technology companies that: (i) are typically in the mobile, cloud, media, machine learning, security and other emerging sectors; (ii) are geographically based in the USA, Asia or Australia; (iii) are managed by lighthouse entrepreneurs; and (iv) typically have between $1M to $50M in revenue. Telstra Ventures has invested in 50 companies including: Box, C88, Cloopen, CoFense, Crowdstrike, Cumulus Networks, DocuSign, Elastica, Elemental, GitLab, Matrixx, NGINX, Qiniu, Singular, Skillz, UBtech, VeloCloud, Whispir, and Zimperium.

About HarbourVest

HarbourVest is an independent, global private markets investment specialist with more than 35 years of experience and more than $50 billion in assets under management. The Firm’s powerful global platform offers clients investment opportunities through primary fund investments, secondary investments, and direct co-investments in commingled funds or separately managed accounts. HarbourVest has more than 400 employees, including more than 100 investment professionals across Asia, Europe, and the Americas. This global team has committed more than $34 billion to newly-formed funds, completed over $19 billion in secondary purchases, and invested over $8 billion directly in operating companies. Partnering with HarbourVest, clients have access to customized solutions, longstanding relationships, actionable insights, and proven results.

Source Telstra

Have any Question or Comment?

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

…… ……. … …

……… …. …….

….. …… ………

……. ….. …….

.. ……. …….. 0

buy! buy! CHEAP! Telefonie VoIP CHEAP! buy! buy! CHEAP!

.. ……. …….. .

buy! buy! CHEAP! Telefonie VoIP CHEAP! buy! buy! CHEAP!


……. ….. ……..


For the 2012 MLB period, we found an totals forecast Joao’s Renowned Over/Under João Zorro Gonçalves, Zcode Totals Pro, System of the time with progressions that have been successful over 98 98% ... We eventually perfected our over/under program ( Zcodesystemexclusive ), although it h-AS has brought years of investigation. Five Steps to Making a Winning MLB Method: 1. Execute appropriate cash management tools. 2. MLB rules that are comprehend. 3.Extensive testing back to make sure successful longterm results ...


There is always a challenge when you're dealing with the Foreign Exchange Market. That's just the nature of the beast. The best thing you can do is to learn about how the market operates as a whole so that you will be ready to meet these challenges. iq option penipu Never be misled by any profit gains in binary options. This is the number-one way traders end up losing their money and ultimately failing. Remember that the same things that make you laugh can make you cry in this market, and you can lose that $700.



Learning Polish has never been this fun and easy as with our podcasts Learn Polish with Polishpod101 Start today and become conversational in Polish in no time


The Best Website Agen Poker Resmi Terpercaya come join


Do you need edmonton phone systems service ? Call complete communications today!

……… ……… .


High-tech solutions for easy start-up of your IPTV/OTT-business



If you want to purchase not only one item, you have a chance to enjoy privileges. There is a sale’ tab on the site which offers a fantastic range of reduced counterfeit watches and accessories, such as sunglasses, cufflinks, watch straps and pens. Luxury Jewelry Replica At MCA.MN On Sale You get a 5% discount if you buy two pieces, this discount increases to 10% if you buy 4 pieces or more. There is free international shipping on all orders on this site. We also offer customers a free return anytime with a 100% money back guarantee.