EVCA VC Forum: Secondary directs among key exit routes for technology companies

Secondary directs are now among the main exit routes for GPs alongside trade sales and IPOs, according to Cipio Partners managing partner Roland Dennert.

Holding periods for technology businesses have climbed to seven years on average from only three years over the past decade, Dennert said at EVCA’s Venture Capital Forum […]

November, 2013|AltAssets

Cipio exits Israeli semiconductor company BroadLight to Broadcom

Cipio Partners, a direct secondary investment firm with offices in Luxembourg, Munich and San Jose, has agreed to sell Israeli PON chip maker BroadLight to Nasdaq-listed semiconductor giant Broadcom Corp.

The sale marks the fifth major exit of a Cipio portfolio company in the semiconductor space in the last two years. Financial terms […]

March, 2012|AltAssets

DisplayLink adds $15m in venture capital

US technology company DisplayLink has closed a $15m Series D funding round, led by incoming investor Cipio Partners and co-led by existing investor DFJ Esprit.

Previous investors Atlas Venture, Balderton Capital and DAG Ventures also contributed to the round.

The Palo Alto-headquartered company develops integrated circuits and software that connect monitors […]

September, 2011|AltAssets