About California Technology Ventures
California Technology Ventures is a venture capital firm founded in 1999. It is primarily based out of Pasadena, United States. As of Jan 2022, California Technology Ventures has invested in 37 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Life Sciences to High Tech and HealthTech. Most recently it participated in the $***** Series D round of MariaDB Overall, California Technology Ventures portfolio has seen 1 unicorn and 16 acquisitions including key companies like MariaDB, Forte and Health Hero Network. A lot of funds co-invest with California Technology Ventures, with names like Aphelion Capital sharing a substantial percentage of its portfolio. California Technology Ventures has team of 6 people including 5 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 2 more
Portfolio Acquisitions
Portfolio Unicorns
California Technology Ventures' List of Top Investments
California Technology Ventures has a portfolio of 37 companies, one of which is a Unicorn. Their most notable investments are in OrthAlign and MariaDB.Their portfolio spans across United States, Canada and United Kingdom. They have invested in Life Sciences, High Tech, HealthTech and 12 other sectors, across stages such as Series A, Series B and 2 more. Here is the list of top investments by California Technology Ventures:1. MariaDB
Provider of dbaas platform for enterprises. It enables transactional applications to retain historical data and leverage real-time analytics to provide customers with information and insights. The platform supports transactional, analytical, and mixed workloads for relational and json data models. It supports columnar, distributed, MPP storage.
Key facts about MariaDB
- Founded Year: 2010
- Location: Redwood City (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $237M
- Employee Count: 360 as on May 31, 2026
- Investors: ServiceNow, GP Bullhound and 20 Others
- Latest Funding Round: Series D, Jan 31, 2022, $*****
- Highlight: Acquired
2. OrthAlign
Developer of computer-assisted surgery technology for hip and knee joint replacement. The company provides technology for total hip arthroplasty, total knee arthroplasty, revision knee arthroplasty, and partial knee arthroplasty. Their products are designed for use in ambulatory surgery centers.
Key facts about OrthAlign
- Founded Year: 2008
- Location: Aliso Viejo (United States)
- Stage: Series D
- Total Funding till date: $56M
- Employee Count: 131 as on May 31, 2026
- Investors: Allumia Ventures, Okapi Venture Capital and 4 Others
- Latest Funding Round: Series D, Sep 02, 2020, $*****
- Highlight: Editors' Pick
3. Forte
Provider of Web3 infrastructure and compliance platform for blockchain projects. It enables blockchain projects to define custom rules, enforce streamlined compliance, safeguard assets, and implement tailored economic controls. It offers developer tools, Dev Accelerator programs, and modular compliance enforcement through flexible rules engines, targeting Web3 projects requiring programmable asset protection and regulatory alignment.
Key facts about Forte
- Founded Year: 2019
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $910M
- Employee Count: 375 as on Feb 28, 2026
- Investors: Union Grove Venture Partners, Tiger Global Management and 30 Others
- Latest Funding Round: Series B, Nov 12, 2021, $*****
- Highlight: Editors' Pick
4. ClearFlow
Provider of an anti-clogging platform for surgical drainage devices. The technology that utilizes a magnetically driven Clearance Loop to proactively maintain blood flow to allow evacuation of blood and fluids from the chest cavity thus preventing Retained Blood syndrome. Retained Blood Syndrome (RBS) is the composite of drainage-related complications after cardiothoracic surgery, including hemothorax, pericardial tamponade, bloody pleural or pericardial effusions.It is used to resolve catheter clogging in multiple medical market segments, including urinary catheters, gastrointestinal catheters, and wound drainage.
Key facts about ClearFlow
- Founded Year: 2007
- Location: Irvine (United States)
- Stage: Series D
- Total Funding till date: $56.4M
- Employee Count: 25 as on May 31, 2026
- Investors: California Technology Ventures, Albany Capital and 6 Others
- Latest Funding Round: Series D, Jul 24, 2025, $*****
- Highlight: Editors' Pick
Health Hero Network, currently part of Bosch Healthcare, provides technology solutions for remote health monitoring and management. The company provides health management programs delivering personalized daily monitoring and patient education, and information to care providers. It also offers Health Buddy system that serves as the interface between patients at home and care providers, facilitating patient education and monitoring of chronic conditions. The company's Health Buddy system includes monitoring technologies, clinical information databases, Internet-enabled decision support tools, health management programs, and content development software tools. It serves hospitals, health plans, government health organizations, disease management companies, and pharmaceutical companies or universities conducting clinical trials or studies.
Key facts about Health Hero Network
- Founded Year: 1988
- Location: London (United Kingdom)
- Stage: Acquired
- Total Funding till date: $34M
- Employee Count: 498 as on May 31, 2026
- Investors: Integral Capital Partners, KSV Global and 7 Others
- Latest Funding Round: Series B, Nov 17, 2006, $*****
- Highlight: Acquired
California Technology Ventures' Year-on-Year Investment Trends
California Technology Ventures has invested in 37 companies over the last 24 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in AiVita Biomedical and most recent follow-on round was in MariaDB.California Technology Ventures' Investments by Stage
California Technology Ventures has made 9 investments in Series A stage with an average round size of $7.4M, 7 investments in Series B stage with an average round size of $8.86M, 1 investment in Seed stage and 1 investment in Series C stage with an average round size of $32M.Stage of entry | No. of Investments |
|---|---|
Series A | 9 |
Series B | 7 |
Seed | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
California Technology Ventures' Investments by Sector
California Technology Ventures has a diverse portfolio, with companies operating in the Life Sciences, Enterprise Applications, High Tech, Consumer and Consumer Goods. Notably, it has invested in 26 Tech companies, 19 Enterprise (B2B) companies, 13 Consumer (B2C) companies and at least 9 companies focusing on Software.Sector | No. of Investments |
|---|---|
Life Sciences | 11 |
Enterprise Applications | 4 |
High Tech | 2 |
Consumer | 1 |
Consumer Goods | 1 |
Others | 8 |
Note: We have considered here, only first round of investments
California Technology Ventures' Investments by Geography
California Technology Ventures has made most investments in United States (17), followed by United Kingdom where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 17 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
California Technology Ventures' recent investments
California Technology Ventures has not made any investment in 2026 so far.Here are the most recent investments by California Technology Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 31, 2022 | United States | Series D | 8989 | [+11] | |
Mar 13, 2018 | United States | Series A | 6756 | - | |
Aug 28, 2017 | United States | Series D | 9833 | [+2] | |
May 31, 2017 | United States | Series A | 5537 | [+3] | |
May 01, 2016 | United States | Conventional Debt | 6473 |
Unicorns in California Technology Ventures' Portfolio
California Technology Ventures has 1 unicorn in its portfolio - Forte. The most recent unicorn in their portfolio is Forte which became a unicorn in 2021, 5 years before California Technology Ventures first invested in it.Here is a list of unicorns in California Technology Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
58 | Provider of Web3 infrastructure and compliance platform for blockchain projects | 2019 | San Francisco | Series B | hdtokov |
Acquired companies in California Technology Ventures' Portfolio
16 companies from California Technology Ventures' portfolio have been acquired. The most recent acquisition was MariaDB in Sep 2024 by K1 Investment Management for $*****.Here are California Technology Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 10, 2024 | May 30, 2012 | Series A | 4878 | |
Nov 18, 2019 | Aug 05, 2008 | Series B | 9481 | |
Jun 21, 2018 | - | - | 3260 | |
Nov 16, 2015 | Jul 02, 2008 | Series B | 4588 | |
May 27, 2014 | Aug 23, 2004 | Series B | 5713 |
Team profile of California Technology Ventures
California Technology Ventures has a team of 6 members including 5 Partners located in United States. California Technology Ventures' team sits on the board of 1 company.Here is a list of all team members in California Technology Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Los Angeles | |||
Partner | Pasadena | - | ||
Partner | - | - | ||
Partner | Davis | - | ||
Partner | Pasadena | - |
Co-investors of California Technology Ventures
Over the past 24 years, 76 investors have co-invested in California Technology Ventures's portfolio companies. This includes funds and angels.
- Invested before California Technology Ventures: Tesi, OpenOcean and 11 others have invested in rounds before California Technology Ventures. There is 1 company where Tesi has invested before California Technology Ventures and 1 company where OpenOcean has invested before California Technology Ventures.
- Top Co-investors of California Technology Ventures: 22 investors entered a company along with California Technology Ventures. These include investors like Aphelion Capital (5 companies).
- Invested after California Technology Ventures: A total of 41 investors have invested in California Technology Ventures's portfolio after their investments. Top Investors include RC Capital (2 companies), Runa Capital (1 company) and Intel Education Accelerator (1 company).
Recent News related to California Technology Ventures
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Trustle Raises $6M Seed Round to Revolutionize Access ManagementBusiness Wire•Apr 04, 2023•Trustle, Glasswing Ventures, FUSE, Correlation Ventures and 2 others
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OrthAlign Raises $10 Million To Fund Commercial Growth And Product Development |OrthoSpineNews•Sep 27, 2017•OrthAlign, RC Capital, California Technology Ventures, RCT and 1 other
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CYMEDICA ORTHOPEDICS ANNOUNCES $11.5 MM SERIES A FUNDING ROUNDCyMedica Ortho•Jun 16, 2015•CyMedica Ortho, RCT, California Technology Ventures, Aphelion Capital
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Intel Capital leads $20 million investment in SkySQL to grow MariaDB | MariaDBMariaDB•Oct 23, 2013•MariaDB, Intel Capital, Finnish Industry Investment, California Technology Ventures and 2 others
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SkySQL Raises $20M To Support Open-Source Relational Database MariaDB – TechCrunchTechCrunch+•Oct 22, 2013•MariaDB, Intel Capital, Finnish Industry Investment, California Technology Ventures and 2 others
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SurgiQuest Closes $19M Financing Round |FinSMEsFinSMEs•Jul 09, 2011•SurgiQuest, iandpdev.com, Fletcher Spaght, California Technology Ventures and 2 others
