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{{About|the venture capital firm|the alternative investment management firm|Highland Capital Management}}
{{short description|Global venture capital firm}}
{{Infobox company
| name = Highland Capital Partners
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| industry = [[Private Equity]]
| foundation = {{start date and age|1988}}
| founder = William J. Boyce, Paul Maeder, Bob Higgins
| location = [[Cambridge, Massachusetts]], [[United States]]
| products = Investments, [[Venture capital]]
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}}
 
'''Highland Capital Partners''' is a global [[venture capital]] firm with offices in [[Silicon Valley]], [[Boston]], [[New YorkSilicon City|New YorkValley]], and [[San Francisco]]. Highland has raised over $34 billion in committed capital and invested in more than 225280 companies, with 47 [[IPOs]] and 134 [[acquisitions]].<ref>{{CitationCite neededweb|date=October 2018-09-27|title=About|url=https://www.hcp.com/about|access-date=2020}}-11-27|website=Highland Capital Partners|language=en}}</ref>
 
==History==
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Highland is typically the first institutional investor in the companies they back.<ref>[http://www.bizjournals.com/sanfrancisco/gen/company.html?gcode=C121EAD1C1B44F3F8CC8FC243A93A84F About Highland Capital Partners, Inc.]</ref>
 
FromSince inceptionits founding in 1988 to today, the firm has raised teneleven [[private equity fund|venture capital funds]] with aggregate investor commitments of approximately $3.5 billion:
* 1988 — Highland Capital Partners ($78 million)
* 1992 — Highland Capital Partners II ($86 million)
* 1996 — Highland Capital Partners III ($126 million)
* 1998 — Highland Capital Partners IV ($250 million)
* 2000 — Highland Capital Partners V ($505 million)
* 2001 — Highland Capital Partners VI ($808 million)
* 2006 — Highland Capital Partners VII ($808 million)
* 2009 — Highland Capital Partners VIII ($408 million)
* 2013 — Highland Capital Partners IX ($410 million)9
* 2018 - Highland Capital Partners X 10
* 2020 — Highland Capital Leaders Fund
 
 
===Notable investments===
The company has invested some $4 billion in more than 280 companies since its founding, including [[2U (company)|2U]],<ref>{{Cite web|title=Online university degree provider 2U acquires Trilogy for $750M to expand into tech bootcamps and training|url=https://techcrunch.com/2019/04/08/2u-trilogy/|access-date=2020-10-31|website=TechCrunch|date=8 April 2019 |language=en-US}}</ref> Auris Health,<ref>{{Cite web|date=2019-02-18|title=Auris acquisition could prompt more mega VC rounds|url=https://www.evaluate.com/vantage/articles/analysis/spotlight/auris-acquisition-could-prompt-more-mega-vc-rounds|access-date=2020-10-31|website=Evaluate.com|language=en}}</ref> [[Bromium]],<ref>{{Cite web|last=Schubarth|first=Cromwell|date=September 20, 2019|title=HP buys Cupertino startup behind its Sure Click security|url=https://www.bizjournals.com/sanjose/news/2019/09/20/hp-buys-cupertino-startup-behind-its-sure-click.html|access-date=|website=BizJournals}}</ref> Clearbanc,{{cn|date=July 2021}} Everlywell,<ref>{{Cite web|last=Warren|first=Rachel|date=2020-06-03|title=Health and Wellness Startup Everlywell Selling At-Home Coronavirus Test Kits for $109|url=https://www.fool.com/investing/2020/06/03/health-and-wellness-startup-everlywell-selling-at.aspx|access-date=2020-10-31|website=The Motley Fool|language=en}}</ref> [[Gigamon]],<ref>{{Cite press release|last=vArmour|date=2020-02-20|title=vArmour and Gigamon Partner to Provide Enterprise Networks With Elevated Application Visibility and Control|url=http://www.globenewswire.com/news-release/2020/02/20/1988100/0/en/vArmour-and-Gigamon-Partner-to-Provide-Enterprise-Networks-With-Elevated-Application-Visibility-and-Control.html|access-date=2020-10-31|website=GlobeNewswire News Room}}</ref> [[Imprivata]]<ref>{{Cite web | url=http://www.betaboston.com/news/2014/06/12/imprivata-moves-toward-being-the-next-boston-tech-ipo/ | title=Imprivata moves toward being the next Boston tech IPO }}</ref> [[LevelUp]],<ref>{{Cite web|title=LevelUp Grabs $12M From Highland, Google Ventures To Take Its Mobile Payment Solution National|url=https://techcrunch.com/2012/06/07/levelup-raises-12m/|access-date=2020-10-31|website=TechCrunch|date=7 June 2012 |language=en-US}}</ref> [[Lululemon Athletica]],<ref>{{Cite web|last=MacFadyen|first=Ken|date=2012-12-30|title=Advent, Highland take stake in yoga outfitter|url=https://www.privateequityinternational.com/advent-highland-take-stake-in-yoga-outfitter/|access-date=2020-10-31|website=Private Equity International|language=en-GB}}</ref> [[Malwarebytes]],<ref>{{Cite web|title=Security startup Malwarebytes acquires AdwCleaner to nip adware in the bud|url=https://techcrunch.com/2016/10/19/security-startup-malwarebytes-acquires-adwcleaner-to-nip-adware-in-the-bud/|access-date=2020-10-31|website=TechCrunch|date=19 October 2016 |language=en-US}}</ref> [[Qihoo]] 360,<ref>{{Cite news|last=Chapman|first=Lizette|date=2014-07-10|title=Qihoo 360 Joins Asian Companies Launching VC Groups in Silicon Valley|language=en-US|work=Wall Street Journal|url=https://blogs.wsj.com/venturecapital/2014/07/10/qihoo-360-joins-asian-companies-launching-vc-groups-in-silicon-valley/|access-date=2020-10-31|issn=0099-9660}}</ref> Quattro Wireless,<ref>{{Cite web|date=2007-09-05|title=Quattro Wireless Raises $12.3 Million in Series B Funding|url=https://www.businesswire.com/news/home/20070905005178/en/Quattro-Wireless-Raises-12.3-Million-in-Series-B-Funding|access-date=2020-10-31|website=www.businesswire.com|language=en}}</ref> [[Rent the Runway]],<ref>{{Cite press release|last=Runway|first=Rent the|title=Rent the Runway Receives $20 Million Investment Led by Advance/Conde Nast|url=https://www.prnewswire.com/news-releases/rent-the-runway-receives-20-million-investment-led-by-advanceconde-nast-181527961.html|access-date=2020-10-31|website=www.prnewswire.com|language=en}}</ref> [[Scopely]],<ref>{{Cite web|last=Spangler|first=Todd|date=2014-11-13|title=Mobile-Games Startup Scopely Raises $35 Million Led by Evolution Media, Highland Capital|url=https://variety.com/2014/digital/games/mobile-games-startup-scopely-raises-35-million-led-by-evolution-media-highland-capital-1201355478/|access-date=2020-10-31|website=Variety|language=en-US}}</ref> ThredUp,<ref>{{Cite web|last=Sormani|first=Angela|date=2012-10-03|title=thredUP.com Secures Series C Led by Highland|url=https://www.venturecapitaljournal.com/thredup-com-secures-series-c-led-highland/|access-date=2020-10-31|website=Venture Capital Journal|language=en-US}}</ref> [[Turbonomic]]<ref>{{Cite web|last=Dorbian|first=Iris|date=2019-11-04|title=VC-backed Turbonomic buys SevOne|url=https://www.pehub.com/vc-backed-turbonomic-buys-sevone/|access-date=2020-10-31|website=PE Hub|language=en-US}}</ref> and [[VistaPrint]].<ref>[http://biz.yahoo.com/ic/99/99739.html Yahoo! Highland Capital Partners, Inc. company profile]</ref>
The company has invested some $3 billion in more than 225 companies since its founding including [[2U (company)|2U]], Auris Health, [[Bromium]], [[Carbon Black]], Clearbanc, Everlywell, [[Farewill]], [[Gigamon]], Handy, [[Harry's]], [[LevelUp]], [[Lululemon Athletica]], [[Lycos]], [[Malwarebytes]], [[MapQuest]], [[Qihoo]] 360, Quattro Wireless, [[Rent the Runway]], [[Scopely]], [[Sybase]], Thred Up, [[Turbonomic]] and [[VistaPrint]]<ref>[http://biz.yahoo.com/ic/99/99739.html Yahoo! Highland Capital Partners, Inc. Company Profile]</ref>. This has resulted in 46 IPOs, 129 acquisitions, and 19 companies with values over $1 billion.
 
===Current and former employees===
Notable members of the team include [[Bob Davis (businessman)|Bob Davis]], the founder of [[Lycos]];<ref>{{Cite web|last=Schawbel|first=Dan|title=Bob Davis's Advice to Young Entrepreneurs|url=https://www.forbes.com/sites/danschawbel/2012/08/23/bob-daviss-advice-to-young-entrepreneurs/|access-date=2020-10-31|website=Forbes|language=en}}</ref> Gaurav Tewari, the founder of Omega Venture Partners, and formerly of Highland Capital Partners;<ref>{{Cite web|date=2020-09-17|title=Gaurav Tewari {{!}} Omega Venture Partners|url=https://www.omegavp.com/gaurav-tewari/|access-date=2021-12-19|language=en-US}}</ref> and [[Wyc Grousbeck]], owner of the [[Boston Celtics]].<ref>{{Cite web|title=Wyc Grousbeck formerly of Highland Capital Partners|url=https://www.forbes.com/pictures/mlm45jlim/wyc-grousbeck-formerly-of-highland-capital-partners/|access-date=2020-10-31|website=Forbes|language=en}}</ref> In February 2005, [[Thomas G. Stemberg]], the founder and former [[CEO]] of [[Staples Inc.|Staples]], joined Highland.<ref>[http://www.allbusiness.com/retail-trade/4299665-1.html Founder and Former CEO of Staples Joins Highland Capital Partners]</ref>
In February 2005, [[Thomas G. Stemberg]], the founder and former CEO of [[Staples Inc.|Staples]] joined Highland.<ref>[http://www.allbusiness.com/retail-trade/4299665-1.html Founder and Former CEO of Staples Joins Highland Capital Partners]</ref> Other notable members of the team include [[Bob Davis (businessman)|Bob Davis]], the founder of [[Lycos]]; Peter Bell the co-founder and CEO of information storage software company StorageNetworks; [[Andy Miller (businessman)|Andy Miller]], the co-founder of Quattro Wireless (acquired by [[Apple Computer]] in 2009), and most recently the Vice President Mobile Advertising responsible for the [[iAd]] team; and [[Wycliffe Grousbeck]], who reduced his role in Highland to become managing partner and co-owner of the [[Boston Celtics]]. A recent addition to the Highland team is [[James Cash, Jr.]], who has served on eighteen public company boards - currently [[Wal-Mart|Walmart]], [[General Electric]] and [[Chubb Corporation]]. In 2017, Highland Capital Partners won the 2017 [[NEVY Award]] for Fund of the year.
 
==Other==
Highland Capital Partners is not affiliated with [[Highland Capital Management]], the multibillion-dollar [[distressed securities|distressed]] investment firm, [[hedge fund]] sponsor, and [[mutual fund]] manager based in [[Dallas, Texas]].
 
In November 2020, several of the senior GPs partnered with Ian Friedman, former co-head of Goldman Sachs Investment Partners (Venture Capital and Growth Equity Team) and formed Highland Transcend Partners I, a SPAC that targets disruptive commerce,{{what|date=June 2024}} digital media, and enterprise software. The founding team consists of Friedman (CEO), Bob Davis (executive chairman), Dan Nova (chief investment officer) and Paul Maeder (CFO).<ref>{{Cite web|last=|first=|date=|title=Highland Capital Partners' SPAC Highland Transcend Partners I files for a $250 million IPO|url=https://www.nasdaq.com/articles/highland-capital-partners-spac-highland-transcend-partners-i-files-for-a-%24250-million-ipo|access-date=|website=}}</ref>
 
==References==
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==External links==
*{{official website|hcp.com}}
*[http://www.hcp.com Highland Capital Partners company website]
{{refend}}