Early-stage investor Sunil Dhaliwal, formerly a general partner at Battery Ventures, ha launched venture capital fund that is focused exclusively on infrastructure technologies. His new Cambridge, Mass.-based firm, Amplify Partners, did not disclose how much money it has to invest but says it raised investment capital from a “blue-chip list of IT infrastructure executives, financial industry veterans and forward-thinking institutional investors” and that is initial investments will range in size from $50,000 to $1.5 million.
Experienced early-stage investor Sunil Dhaliwal today launches Amplify Partners, an early-stage venture capital firm exclusively focused on Infrastructure 2.0 technology.
“Incumbent infrastructure vendors are vulnerable in a way the technology industry hasn’t seen in over 25 years,” noted Sunil Dhaliwal, Managing Partner, Amplify Partners. “Those vendors share over a trillion dollars of market value that is ripe for disruption by startups leveraging the technical, cultural, and go-to-market shifts that define Infrastructure 2.0. We intend to be the investor of choice for entrepreneurs who share that vision.”
“Very few traditional venture capital firms combine the domain expertise, infrastructure focus, and fund size needed to invest the appropriate amount of early-stage capital behind technical entrepreneurs and then back them with intensive company-building support. Amplify Partners was formed to fill that gap,” added Jim Baum, former CEO of Netezza and noted technology executive.
With financial backing from a blue-chip list of IT infrastructure executives, financial industry veterans and forward-thinking institutional investors, Amplify Partners has the flexibility to make initial investments ranging from $50,000 to $1.5 million, while maintaining the capital reserves needed to support entrepreneurs through multiple rounds of funding. Current Amplify Partners portfolio companies include AppNeta, Continuuity, Datadog, Fastly, Wibidata, as well as multiple companies still in stealth mode.
The Amplify team offers a deep understanding of enterprise markets. Sunil Dhaliwal, Founder and Managing Partner, is a seasoned investor with 15 years of experience as an infrastructure investor and mentor to entrepreneurs. Prior to founding Amplify Partners, he was a General Partner at Battery Ventures where he invested in category-defining IT infrastructure companies such as Opscode, Netezza (acquired by IBM), Splunk, CipherTrust (acquired by Secure Computing) and @stake (acquired by Symantec). Recognized by Forbes Midas List as one of the tech industry’s top investors, he has an extensive track record of investing in and working closely with entrepreneurs through various market cycles. In addition, Farah Giga, Principal, brings a mix of enterprise infrastructure venture capital experience from Valhalla Partners, as well as a long history of operating experience at HP and Hitachi Data Systems.
The core investment team is supported by a roster of Venture Amplifiers(TM), a group of leaders from the IT infrastructure industry who share the Infrastructure 2.0 vision. Having authored industry defining open-source projects, run the world’s most demanding web infrastructures, and built multiple companies from startup through IPO, they offer a wealth of expertise to help Amplify Partners’ entrepreneurs accelerate execution. Venture Amplifiers(TM) are directly incented to create value — through executive mentorship, recruiting support, customer development and technical advice — for Amplify Partners’ portfolio companies through significant equity participation in the fund.
To learn more about current opportunities, please visit www.amplifypartners.com , follow us on Twitter: @amplifypartners, or contact [email protected]
ABOUT AMPLIFY Amplify Partners, an early-stage venture capital firm committed to redefining IT infrastructure, invests in technical entrepreneurs pursuing the multi-hundred-billion dollar Infrastructure 2.0 disruption. Amplify helps talented founders build valuable businesses by investing the right amount of early-stage capital and providing active company-building assistance. Amplify offers the unique combination of deep domain expertise, early-stage focus and a network of Venture Amplifiers(TM) to improve outcomes for infrastructure entrepreneurs.