Palisades Ventures (“PV”) is a Los Angeles-based VC fund making growth stage investments in systems, services, software, and hardware companies that are driving the adoption of leading edge IT, communications, and media technologies. They prefer to price deals and take a lead position with board participation. In certain situations, they will join syndicated financings with other leading venture capital firms. Their typical investment is between $2.5 and $7 million, with reserves for subsequent financings.
They focus on companies where they can leverage their industry, financial, and technical knowledge of the IT, communications, and media sectors for the benefit of portfolio companies. Members of the fund’s Management Team and Advisory Board have well-established professional relationships with global strategic players in the sectors, and they are affiliated with large financial institutions. Through these relationships, members of the fund provide active support for portfolio companies by introducing them to potential customers or partners as they position themselves in their markets. This ability to provide a link between portfolio companies and strategic players is one of Palisades Ventures’ unique strengths.
Credit Suisse First Boston (“CSFB”) and Centre Partners are the lead institutional investors in Palisades Ventures and both are members of the General Partner. Centre Partners provides all of the PV’s infrastructure and back office services, participates in the due diligence process, and sits on the fund’s Investment Committee. Palisades Ventures is managed by Paul D’Addario and Bruce Pollack, Managing Director of Centre Partners.
| Company | Date | Round | Size | Participants |
| V-Enable | 2/06 | Series C | $6M | 2 |
