_1556513662563.png?format=webp&height=120&width=120){kind=logo}
About Charter Ventures
Charter Ventures is a venture capital firm founded in 1996. It is primarily based out of Palo Alto, United States. As of Dec 2008, Charter Ventures has invested in 11 companies. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Enterprise Infrastructure and High Tech. Most recently it participated in the $***** Series G round of Broncus Overall, Charter Ventures portfolio has seen 1 IPO and 6 acquisitions including key companies like Broncus, ShoreTel and TeraGo. A lot of funds co-invest with Charter Ventures, with names like Foundation Capital sharing a substantial percentage of its portfolio.Key Metrics
Charter Ventures' List of Top Investments
Charter Ventures has a portfolio of 11 companies. Their most notable investments are in Cradle Technologies and Maple Optical Systems.Their portfolio spans across United States, Canada and United Kingdom. They have invested in Enterprise Applications, Enterprise Infrastructure, High Tech and 5 other sectors, across stages such as Series B, Series C and 3 more. Here is the list of top investments by Charter Ventures:1. Broncus
Developer of solutions for diagnosing and treating lung disease. The company has developed the Archimedes navigation bronchoscopy system, which includes BTPNA (Bronchoscopic Trans-Parenchymal Nodule Access) that combines state-of-the-art nodule, vessel, and airway mapping, pathway guidance, and augmented fluoroscopic imaging enabling unprecedented biopsy and therapeutic access to any location in the lung. It also offer InterVapor Bronchoscopic Thermal Vapor Ablation is a non-surgical, non-implant therapy designed to improve lung function.
Key facts about Broncus
- Founded Year: 1998
- Location: San Jose (United States)
- Annual Revenue: $1M - $10M as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $82.5M
- Employee Count: 63 as on Aug 31, 2026
- Investors: Western Technology Investment, Saints Capital and 33 Others
- Latest Funding Round: Series G, Jan 28, 2021, $*****
- Highlight: Public
2. ShoreTel
Shoretel provides IP phone systems and unified communications solutions for on-premises, cloud and hybrid environments. The company offers integrated voice, video, data, and mobile applications. It also provides ShoreTel Mobility for smartphone users that allows the user to communicate from any location, ShoreTel Communicator that enables to communicate through video, voice, and instant messaging, conferencing and collaboration solutions.
Key facts about ShoreTel
- Founded Year: 1996
- Location: Sunnyvale (United States)
- Annual Revenue: $100M - $500M as on Jun 30, 2017
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $88.3M
- Employee Count: 10 - 49 as on Mar 01, 2026
- Investors: Icon Ventures, Tenaya Capital and 9 Others
- Latest Funding Round: Series D, Jan 22, 2003, $*****
- Highlight: Acquired
3. TeraGo
TeraGo Networks provides internet, colocation, and cloud services to businesses in Canada through its own network. Provides internet access using fibre, wireless, and Ethernet over cable technology. Its voice solutions include SIP trunking and Hosted PBX. Claims to have 4,100 business customers in 46 cities.
Key facts about TeraGo
- Founded Year: 1999
- Location: Thornhill (Canada)
- Stage: Acquired
- Total Funding till date: $2.31M
- Employee Count: 49 as on May 27, 2025
- Investors: Second Alpha, Charter Ventures and 2 Others
- Latest Funding Round: Post IPO, Apr 14, 2025, $*****
- Highlight: Acquired
4. Interwoven
Interwoven provides content management systems and related products to maximize online business performance. Now part of HP TeamSite web CMS for digital marketing which allows users to deliver customized, engaging web experiences across touchpoints and devices.
Key facts about Interwoven
- Founded Year: 1995
- Location: San Jose (United States)
- Stage: Acquired
- Total Funding till date: $7.2M
- Employee Count: 271 as on Aug 31, 2026
- Investors: Integral Capital Partners, Foundation Capital and 8 Others
- Latest Funding Round: Series A, Nov 11, 1998, $*****
- Highlight: Acquired
Digital rights management solutions provider for OTT. It offers a multi-platform, multi-format DRM and video optimization solution that content owners, internet video providers, retailers, and video operators can use to deliver video content to internet-connected entertainment platforms. It also deals with DRM and optimized video delivery to different video devices.
Key facts about Widevine Technologies
- Founded Year: 1998
- Location: Kirkland (United States)
- Stage: Acquired
- Total Funding till date: $55.7M
- Employee Count: 2 as on Aug 31, 2026
- Investors: Western Technology Investment, Constellation Ventures and 12 Others
- Latest Funding Round: Series D, Dec 21, 2009, $*****
- Highlight: Acquired
Charter Ventures' Investments by Stage
Charter Ventures has made 4 investments in Series B stage with an average round size of $16.4M, 3 investments in Series C stage with an average round size of $31.3M, 1 investment in PE stage with an average round size of $11.5M, 1 investment in Series A stage with an average round size of $7.2M and 1 investment in Series G stage with an average round size of $38M.Stage of entry | No. of Investments |
|---|---|
Series B | 4 |
Series C | 3 |
PE | 1 |
Series A | 1 |
Series G | 1 |
Note: We have considered here, only first round of investments
Charter Ventures' Investments by Sector
Charter Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Life Sciences, Telecom and Enterprise Infrastructure. Notably, it has invested in 9 Enterprise (B2B) companies, 9 Tech companies, 8 Software companies and at least 3 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Enterprise Applications | 6 |
High Tech | 2 |
Life Sciences | 2 |
Telecom | 2 |
Enterprise Infrastructure | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Charter Ventures' Investments by Geography
Charter Ventures has made most investments in United States (9), followed by United Kingdom where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 9 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Charter Ventures' recent investments
Charter Ventures has not made any investment in 2026 so far.Here are the most recent investments by Charter Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 04, 2008 | United States | Series G | 3716 | [+8] | |
Aug 10, 2007 | United States | Series B | 4163 | [+3] | |
May 27, 2004 | United States | Series C | 9869 | ||
Nov 20, 2003 | United Kingdom | PE | 2786 | ||
Jan 22, 2003 | United States | Series C | 1312 | [+4] |
IPOs and Publicly Listed companies in Charter Ventures' Portfolio
1 of Charter Ventures' portfolio company became public - Broncus. It got listed on the Hong Kong Exchanges (HKG), in Sep 2021 at marketcap of $1.26BHere are Charter Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 24, 2021 | Dec 04, 2008 | Series G | 6664 |
Acquired companies in Charter Ventures' Portfolio
6 companies from Charter Ventures' portfolio have been acquired. The most recent acquisition was TeraGo in Jan 2022 by Hut 8 for $*****.Here are Charter Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 20, 2022 | - | - | 5292 | |
Jul 27, 2017 | Jan 19, 2000 | Series C | 9968 | |
Feb 14, 2012 | Nov 20, 2003 | PE | 1959 | |
Dec 03, 2010 | Sep 21, 2000 | Series B | 3456 | |
Jan 22, 2009 | Nov 11, 1998 | Series A | 7216 |
Co-investors of Charter Ventures
Over the past 28 years, 91 investors have co-invested in Charter Ventures's portfolio companies. This includes only funds.
- Invested before Charter Ventures: Abingworth, Biomedical Sciences Investment Fund and 27 others have invested in rounds before Charter Ventures. There is 1 company where Abingworth has invested before Charter Ventures and 1 company where Biomedical Sciences Investment Fund has invested before Charter Ventures.
- Top Co-investors of Charter Ventures: 31 investors entered a company along with Charter Ventures. These include investors like Foundation Capital (3 companies).
- Invested after Charter Ventures: A total of 31 investors have invested in Charter Ventures's portfolio after their investments. Top Investors include FountainVest Partners (1 company), Exome Asset Management (1 company) and Summer Capital Management Company (1 company).
Recent News related to Charter Ventures
•
Cradle Technologies Completes $12 Million Funding Round; Valuation Step-Up Round Led by Investor Growth Capital | Business WireBusiness Wire•May 27, 2004•Cradle Technologies, Investor Growth Capital, Charter Ventures, East Gate Capital Management and 3 others
•
Talaris Secures $11.5 Million in Final Funding Round | Business WireBusiness Wire•Nov 20, 2003•Talaris, Foundation Capital, Charter Ventures
•
Scott Gibson Named Cradle's First Chief Financial Officer; Company's Executive Team Expands to Support Rapid Revenue Growth | Business WireBusiness Wire•Jun 23, 2003•Cradle Technologies, Charter Ventures, NeoCarta Ventures, Prodea and 3 others
•
Shoreline, Hire.com Complete
Rounds of Venture Funding - WSJThe Wall Street Journal•Jun 26, 2001•ShoreTel, Lehman Brothers, Crosspoint Venture Partners, Foundation Capital and 4 others
•
Private Equity Week Wire for Tuesday 3/27 2 - PE HubPE Hub•Mar 27, 2001•Longboard, Enterprise Partners Venture Capital, Storm Ventures, InterWest Partners and 4 others
•
•
•
•
•
VC Buzz - $252.7+ Million in Today's DealsInternet News•ShoreTel, J P Morgan, Charter Ventures, Crosspoint Venture Partners and 4 others
