Primary Role
General Partner @ Institutional Venture Partners (IVP)
13 Investments in 12 Companies

Person Details


Dennis Phelps joined Institutional Venture Partners (IVP) in October 2001 and has over fifteen years of experience in technology-related finance. He focuses primarily on growth capital investments in software, Internet, mobile, wireless and digital media companies, as well as select public market opportunities. Dennis was recognized by Forbes Magazine as one of the top 100 venture capitalists in the world by his inclusion in the 2009 Forbes Midas List. He was also recognized by AlwaysOn as one of the top 100 venture capitalists by his inclusion in the AlwaysOn 2009 VC 100 List.

Dennis led IVP's investments in Advent Software (ADVS), Chordiant Software (CHRD), DoubleVerify, Dust Networks, Quigo Technologies (TWX), Shazam, SuccessFactors (SFSF), Sugar, SupportSoft (SPRT), Synchronoss Technologies (SNCR), Yext and Yodlee, and he has been actively involved with the firm's investments in Buddy Media, (DEXO), Gaia Online, HomeAway (AWAY), Kayak, Marketo, Mobile 365 (SAP), MySQL (ORCL) and Twitter. He currently serves as a board director or observer for DoubleVerify, Dust Networks, Shazam, Sugar, Yext and Yodlee.

Prior to IVP, Dennis spent several years with Battery Ventures and the Internet Capital Group (ICG). At Battery, he managed the firm's West Coast software deal sourcing program, executed new investments in emerging software and Internet companies and worked closely with portfolio company management teams. His investments at Battery included two financial software companies, Corillian (FISV) and, each of which generated several multiples of return on invested capital. In November 1999, Dennis was recruited from Battery to ICG, where he was a key member of ICG's West Coast Acquisitions team. As Director of Acquisitions, he was responsible for identifying and executing strategic acquisitions, providing partner company management teams with operational and financial assistance, managing business development initiatives and generating portfolio liquidity.

Earlier in his career, Dennis worked in corporate finance with Hambrecht & Quist, a technology-focused investment bank, where he assisted a diverse variety of technology clients with public equity offerings, private placements and mergers and acquisitions. His transaction experience included IPOs for some of the Bay Area's leading technology companies, including Advent Software (ADVS), CNET (CBS) and MacroVision (MVSN).

Dennis earned a B.A. with honors in Government & Economics from Dartmouth College.

Education (1)