About Hewlett Packard Pathfinder
Hewlett Packard Pathfinder is a venture capital firm founded in 2014. It is primarily based out of Palo Alto, United States. As of Nov 2022, Hewlett Packard Pathfinder has invested in 40 companies. It primarily invests in Series C round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Enterprise Infrastructure. Most recently it participated in the $***** Series E round of Alation Overall, Hewlett Packard Pathfinder portfolio has seen 9 unicorns, 1 IPO and 15 acquisitions including key companies like IonQ, Cohesity and Lightmatter. A lot of funds co-invest with Hewlett Packard Pathfinder, with names like Mubadala sharing a substantial percentage of its portfolio. Hewlett Packard Pathfinder has team of 5 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series C, Series B & 4 more
Portfolio IPOs
Portfolio Acquisitions
Hewlett Packard Pathfinder's List of Top Investments
Hewlett Packard Pathfinder has a portfolio of 40 companies, including 9 unicorns. Their most notable investments are in Classiq and WEKA.Their portfolio spans across United States, Israel, China and 2 more locations. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 7 other sectors, across stages such as Series C, Series B and 4 more. Here is the list of top investments by Hewlett Packard Pathfinder:_1573535680111.png?format=webp&height=120&width=120){kind=logo}
1. IonQ
Provider of cloud and trapped ion technology-based universal quantum computers. It provides users with a company that offers quantum computer that traps individual ionized ytterbium atoms in a 3D space and uses lasers for computation purposes.
Key facts about IonQ
- Founded Year: 2015
- Location: College Park (United States)
- Stage: Public
- Total Funding till date: $86M
- Employee Count: 1,424 as on Sep 30, 2026
- Investors: Silver Lake, Amazon and 24 Others
- Latest Funding Round: Series B, Jun 16, 2020, $*****
- Highlight: Public
2. Cohesity
Cloud and AI based enterprise data backup and management solutions. It provides a hardware data platform encompassing potent data storage and management with analytics for actionable insights that can be used by DevOps. It also offers solutions such as data protection and deduplication cloning, ransomware recovery, data management solutions, and more.
Key facts about Cohesity
- Founded Year: 2013
- Location: San Jose (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $810M
- Employee Count: 7,791 as on Sep 30, 2026
- Investors: Founders Circle Capital, Harmony Venture Partners and 57 Others
- Latest Funding Round: Series F, Mar 18, 2024, $*****
- Highlight: Editors' Pick
3. Lightmatter
Developer of photonic interconnects and co-packaged optics for AI infrastructure. The company’s technology addresses data center bottlenecks by connecting XPUs and switches. It offers solutions with lane speeds from 56G NRZ to 448G PAM4, bidirectional or unidirectional, and up to 16 wavelengths. The company also promotes open standards to drive adoption of advanced optical interconnect technologies.
Key facts about Lightmatter
- Founded Year: 2017
- Location: Boston (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $850M
- Employee Count: 373 as on Sep 30, 2026
- Investors: T. Rowe Price, Fidelity Investments and 16 Others
- Latest Funding Round: Series D, Oct 11, 2024, $*****
- Highlight: Editors' Pick
4. Dragos
Provider of cybersecurity solutions and intelligence for industrial control systems. The company delivers a platform providing asset visibility, vulnerability management, and threat detection. Services include cyber assessments, incident response, and proactive threat hunting. The firm offers threat intelligence reports, whitepapers, and solution briefs.
Key facts about Dragos
- Founded Year: 2016
- Location: Hanover (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $439M
- Employee Count: 848 as on Sep 30, 2026
- Investors: Fabrica Ventures, BYU Cougar Capital and 29 Others
- Latest Funding Round: Series D, Sep 18, 2023, $*****
- Highlight: Acquired
5. BigID
Provider of data security, privacy, compliance, and AI governance platform. The platform offers data discovery, classification, and security across various environments. It facilitates risk remediation, data loss prevention, access governance, and data protection. The platform also provides data mapping, data masking, and compliance control automation. It helps manage regulatory risk, automate assessments, and address violations.
Key facts about BigID
- Founded Year: 2016
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $308M
- Employee Count: 575 as on Sep 30, 2026
- Investors: Western Technology Investment, Glynn Capital and 34 Others
- Latest Funding Round: Series D, Feb 08, 2024, $*****
- Highlight: Editors' Pick
Hewlett Packard Pathfinder's Year-on-Year Investment Trends
Hewlett Packard Pathfinder has invested in 40 companies over the last 11 years, with an average of 2 new investments annually in the last 10 years. Its most recent first time investment was in Alation and most recent follow-on round was in SingleStore.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 5 | 1 | 6 |
2021 | 5 | 3 | 8 |
2020 | 4 | 2 | 6 |
2019 | 5 | 0 | 5 |
2018 | 0 | 1 | 1 |
2017 | 1 | 0 | 1 |
Hewlett Packard Pathfinder's Investments by Stage
Hewlett Packard Pathfinder is primarily an Late Stage Investor investor majorly investing in Series C (11) rounds where average round size is $782M, Series B (8) rounds where average round size is $246M and Series A (5) rounds where average round size is $49M.Stage of entry | No. of Investments |
|---|---|
Series C | 11 |
Series B | 8 |
Series A | 5 |
Series D | 3 |
Series E | 3 |
Others | 2 |
Note: We have considered here, only first round of investments
Hewlett Packard Pathfinder's Investments by Sector
Hewlett Packard Pathfinder has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, High Tech, Semiconductors and Artificial Intelligence - Industry Applications. Notably, it has invested in 40 Enterprise (B2B) companies, 40 Tech companies, 38 Software companies and at least 30 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 27 |
Enterprise Infrastructure | 21 |
High Tech | 11 |
Semiconductors | 4 |
Artificial Intelligence - Industry Applications | 2 |
Others | 8 |
Note: We have considered here, only first round of investments
Hewlett Packard Pathfinder's Investments by Geography
Hewlett Packard Pathfinder has made most investments in United States (28), followed by Israel where it has made 5 investments.Country | No. of Investments |
|---|---|
United States | 28 |
Israel | 5 |
China | 1 |
Note: We have considered here, only first round of investments
Hewlett Packard Pathfinder's recent investments
Hewlett Packard Pathfinder has not made any investment in 2026 so far.Here are the most recent investments by Hewlett Packard Pathfinder:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 02, 2022 | United States | Series E | 3031 | [+10] | |
Jul 12, 2022 | United States | Series F | 2927 | [+6] | |
Jun 21, 2022 | United States | Series B | 3124 | - | |
Apr 26, 2022 | United States | Series C | 9112 | ||
Feb 17, 2022 | Israel | Series B | 1682 | [+7] |
Unicorns in Hewlett Packard Pathfinder's Portfolio
Hewlett Packard Pathfinder has 9 unicorns in its portfolio - Ayar Labs, WEKA, Lightmatter and others. The most recent unicorn in their portfolio is Ayar Labs. It became a unicorn in 2024, 2 years after Hewlett Packard Pathfinder first invested in it.Here is a list of unicorns in Hewlett Packard Pathfinder's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
71 | Developer of optical interconnect solutions for artificial intelligence infrastructure applications | 2015 | San Jose | Series E | sfrpwlc | ||
59 | Provider of data storage software platforms for artificial intelligence workloads | 2013 | Campbell | Series E | ilxeozg | ||
72 | Developer of photonic interconnects and co-packaged optics for AI infrastructure | 2017 | Boston | Series D | zjrmaph | ||
67 | Provider of an agent workforce platform for enterprise artificial intelligence | 2012 | Boston | Series G | bjgg{gj | ||
63 | Developer of a platform for data intelligence and metadata management | 2012 | Redwood City | Series E | ihvuuzw |
IPOs and Publicly Listed companies in Hewlett Packard Pathfinder's Portfolio
1 of Hewlett Packard Pathfinder's portfolio company became public - IonQ. It got listed on the New York Stock Exchange (NYSE), in Oct 2021.Here are Hewlett Packard Pathfinder's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 01, 2021 | Oct 22, 2019 | Series B | 5913 |
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Acquired companies in Hewlett Packard Pathfinder's Portfolio
15 companies from Hewlett Packard Pathfinder's portfolio have been acquired. The most recent acquisition was Dragos in Jun 2026 by Accenture for $*****.Here are Hewlett Packard Pathfinder's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 18, 2026 | Dec 08, 2020 | Series C | 9502 | |
Apr 26, 2026 | - | - | 3021 | |
Sep 10, 2025 | Sep 08, 2021 | Series F | 2246 | |
May 22, 2024 | Jun 21, 2022 | Series B | 1377 | |
Mar 20, 2023 | Jan 30, 2020 | Series B | 2251 |
Team profile of Hewlett Packard Pathfinder
Hewlett Packard Pathfinder has a team of 5 members including 2 Partners and 2 Principals located in United States. Hewlett Packard Pathfinder's team does not sit on the board of any company as of now.Here is a list of all team members in Hewlett Packard Pathfinder:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | - | |
Partner | San Francisco | - | - | |
Principal | San Francisco | - | - | |
Principal | San Jose | - | - |
Co-investors of Hewlett Packard Pathfinder
Over the past 11 years, 401 investors have co-invested in Hewlett Packard Pathfinder's portfolio companies. This includes funds and angels.
- Invested before Hewlett Packard Pathfinder: Google Ventures, New Enterprise Associates and 180 others have invested in rounds before Hewlett Packard Pathfinder. There are 5 companies where Google Ventures has invested before Hewlett Packard Pathfinder and 5 companies where New Enterprise Associates has invested before Hewlett Packard Pathfinder.
- Top Co-investors of Hewlett Packard Pathfinder: 85 investors entered a company along with Hewlett Packard Pathfinder. These include investors like Mubadala (3 companies).
- Invested after Hewlett Packard Pathfinder: A total of 134 investors have invested in Hewlett Packard Pathfinder's portfolio after their investments. Top Investors include Hewlett Packard Enterprise (5 companies), Fidelity Investments (2 companies) and T. Rowe Price (2 companies).
Recent News related to Hewlett Packard Pathfinder
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Arcion Receives Funding From Hewlett Packard PathfinderFinSMEs•Aug 23, 2023•Arcion, Hewlett Packard Pathfinder
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SafeBreach Raises $19 Million to Expand Channels, Accelerate Product DevelopmentPR Newswire•Apr 16, 2020•SafeBreach, OCV Partners, Sequoia Capital, DTCP and 3 others
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Samsung, UAE funds lead $55 million investment in quantum computing startupReuters•Oct 22, 2019•Samsung, Mubadala, Samsung Catalyst Fund, IonQ and 14 others
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Commvault Pays $225M for Hedvig, Harmonizes SDS and Data ManagementSDxCentral•Sep 04, 2019•Commvault, Hedvig, Hewlett Packard Enterprise, EDBI and 6 others
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Platform9 Raises $25M in Series D FundingFinSMEs•Aug 27, 2019•Platform9, NGP Capital, Mubadala, Redpoint Ventures and 4 others
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Safebreach Announces $15 Mln Series B Led By Draper Nexus Expands Leadership In Breach And Attack SimulationReuters•May 08, 2018•SafeBreach, Draper Nexus, PayPal, Sequoia Capital and 2 others
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Chargifi raises $7 mln to power growth, expansionPE Hub•Apr 10, 2018•Chargifi, Accelerated Digital Ventures, Firstminute Capital, Hewlett Packard Pathfinder and 1 other
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Hedvig raises US$21.5M to eliminate storage bottlenecks at enterprises; expands to Asiae27•Mar 02, 2017•Hedvig, EDBI, Hewlett Packard Pathfinder, Atlantic Bridge and 2 others
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Cybersecurity startup Shape Security closes $40 million round from HPE, GV, Eric Schmidt, othersVentureBeat•Sep 29, 2016•HP, LogRhythm, StackPath, PhishMe and 11 others
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SafeBreach grabs $15 mln Series A - PE HubPE Hub•Jul 26, 2016•SafeBreach, Deutsche Telekom Capital Partners, Maverick Ventures, Sequoia Capital and 2 others
