Iris Capital is a venture capital firm specializing in the digital economy, primarily active in Europe. Since its creation, the Iris Capital team has invested more than a billion euros in over 230 innovative companies.Investment vehicle description of Iris Capital Fund III Iris Capital is sponsored by Orange and Publicis since 2012.Another European Carrier Goes VC: Orange Partners With Publicis, Iris In $400M Fund
Overview Created in 1986, within the Caisse des Dépôts, the team was spun off in 2003 and became Iris Capital.Partcom lève 100 millions et devient Iris Capital Investing internationally since 1991, Iris Capital has always held a sector-specific strategy covering media, telecommunications, information technology and Internet services, which have converged into today's digital economy.
In 2012, Iris Capital entered into a partnership with Orange and Publicis who chose Iris Capital it as manager of their joint multi-corporate venture fund initiative dedicated to the digital economy. In 2017, the multi-corporate venture fund extended its model and welcomed new partners, BRED/Banque Populaire and Valeo, joined in 2019 by Bridgestone.
Geographical reach Iris Capital has invested in over 20 countries (of which 18 in Europe) and is mainly active in continental Europe, with a core activity in France, Germany, Benelux and Switzerland. Iris Capital acts as lead investor or in some circumstances as value-added co-investor.VC firm Iris Capital in ambitious expansion plans Moreover, Iris Capital in the Middle East is the fund manager of STC Ventures, the corporate venture fund of Saudi Arabian telecom operator, STC. Iris Capital is based in Paris and has offices in San Francisco, Berlin, Munich, Tel Aviv, Tokyo, and Dubai.
Portfolio
Current Portfolio Among Iris Capital's recent portfolio companies are the following: Adjust – Germany: Attribution and analytics for appsBerlin’s Adjust app analytics firm raises $7.6M as it expands overseas Adomik – France: Yield management of programmatic ad inventorySell-Side Solutions Provider Adomik Raises 1.3 Million Euroes Getsafe – Germany: App to manage insurance on smartphonesGetSafe Digital Insurance Manager iAdvize – France: Conversational commerce platformiAdvize Grabs $16 Million For Its Customer Engagement Platform Kyriba – France/US: treasury solutions in the cloudKyriba Raises $10.6M in Growth Financing from Iris Capital and existing investor BRED Lookout – US: mobile securityIris Capital invests in Lookout PlaceIQ – US: Location intelligence servicesLocation-Focused Ad Startup PlaceIQ Raises $15M More Quantifind – USQuantifind Raises $12M To Translate Social Media Data Into Sales ReBuy – Germany: Online commerce Scality – France/US: Storage management and infrastructure software Searchmetrics – Germany: SEO software Secret Double Octopus – Israel: Password-free authenticationSecret Double Octopus Raises $6 Million to Protect Identity and Data Using Nuclear Launch Code Safety Algorithms Shift Technology – France: Fraud detection software in insuranceTechnology grabs $10 million to prevent fraudulent insurance claims Studitemps – Germany: Temp workers Yodo1 – ChinaCross-Cultural Mobile Games Publisher Yodo1 Raises $11M Led By GGV Capital
Past Portfolio Investments Past portfolio companies Iris Capital has backed: Instant Luxe – France (acquired by Galeries Lafayette) ProWebCE – France (acquired by Edenred) Mister Auto – France (acquired by PSA Peugeot Citroën) MoPub – France (acquired by Twitter) Alphanim – France (acquired by Gaumont) Cirpack – France (acquired by Thomson/Technicolor) Careem – Dubai (acquired by Uber) Cobi – Germany (acquired by Bosch) Computec – Germany (acquired by Marquard Media) Erenis – France (acquired by Neuf Cegetel/SFR) FastBooking – France (acquired by 3i and EDRIP) Gengo – France (acquired by Lionbridge) Human Inference – Pays-Bas (acquired by Neopost) Instant Luxe – France (acquired by Galeries Lafayette) Kiala – Belgium (acquired by UPS) Let It Wave – France (acquired by Zoran) Mailjet – France (acquired by Mailgun) Marco Vasco – France (acquired by Groupe Figaro) Mister-auto – France (acquired by PSA) Mopub – US (acquired by Twitter) Netatmo – France (acquired by Legrand) Oodrive – France (acquired by R Capital Management) OpenTrust – France (acquired by Keynectis) Phone.com – US (listed on NASDAQ – now Openwave) QSC – Germany (listed on TecDAX) Store Electronic System – France (acquired by LBO France) Talend – France (IPO (Nasdaq)) Vox Mobili – France (acquired by On Mobile) Wavecom – France (listed on NASDAQ and Euronext, acquired by Sierra Wireless) Zantaz – US (acquired by Autonomy)
References
External links
STC Ventures' website
See also Newfund