Norwest Venture Partners

About

Portfolio · 21

Zenthic AI

An AI security and governance platform purpose-built for AI agents.

Led ★ 1 round $125.0M committed Latest: 2026-08

Orian Cyber Ltd.

Orian Cyber Ltd. develops an AI-driven platform for autonomous data loss prevention.

Led ★ 1 round $32.0M committed Latest: 2026-02

Alice

Alice is a trust, safety, and security company built for the AI era, safeguarding communicative technologies across user-generated content and generative AI.

Led ★ 3 rounds $128.1M committed Latest: 2026-01

Fabrix Security

AI-native identity security solution transforming IAM workflows with intelligent agents for real-time, explainable access decisions.

Led ★ 1 round $8.0M committed Latest: 2025-09

xtype.io

The automated governance platform for ServiceNow, providing real-time visibility, governance, and automation for multi-instance management.

Led ★ 1 round $21.0M committed Latest: 2024-10

VAST Data

VAST Data develops data platform software for artificial intelligence (AI) and deep learning applications.

3 rounds $243.0M committed Latest: 2023-12

HiBob

HiBob provides a cloud-based human capital management platform called Bob, designed for modern, global, and collaborative workplaces.

2 rounds $300.0M committed Latest: 2023-09

Amberflo.io Inc.

An AI monetization platform that helps businesses track usage, allocate costs, and automate billing for AI-driven products and services.

Led ★ 1 round $15.0M committed Latest: 2023-01

AmpliFa

AI-powered B2B sales platform for automated lead generation and personalized multi-channel outreach.

Led ★ 1 round $7.0M committed Latest: 2022-02

Ermetic

Ermetic provides an identity-first cloud infrastructure security platform for holistic, multi-cloud protection.

Led ★ 2 rounds $87.3M committed Latest: 2021-12

Wiliot

Wiliot provides a Physical AI platform that uses battery-free IoT Pixels to offer continuous, scan-free visibility into item location and condition for supply chains.

Led ★ 4 rounds $263.0M committed Latest: 2021-07

Alpha Tau Medical

Alpha Tau is a clinical-stage oncology company developing a novel alpha-radiation cancer therapy, Alpha DaRT, for solid tumors.

2 rounds $55.0M committed Latest: 2020-06

Navan

An AI-powered business travel and expense management platform.

1 round $250.0M committed Latest: 2019-06

Talkspace

Talkspace is a virtual behavioral healthcare company offering convenient and affordable access to licensed therapists and psychiatrists through web and mobile platforms.

Led ★ 3 rounds $96.0M committed Latest: 2019-05

ICS Security

An Israeli company specializing in cybersecurity for Industrial Control Systems (ICS), offering solutions to protect critical infrastructure.

1 round $18.0M committed Latest: 2019-03

Alooma

A cloud-based data pipeline and integration platform that helps companies stream and migrate their organizational data.

Led ★ 1 round $11.2M committed Latest: 2016-03

Fireglass

Fireglass developed a threat isolation platform that eliminates web, email, and document-borne malware and phishing threats.

Led ★ 1 round $20.0M committed Latest: 2016-01

Binpress

A marketplace for commercial open-source code.

1 round $1.0M committed Latest: 2013-09

SolarEdge Technologies

SolarEdge is a global leader in smart energy technology, providing DC optimized inverter systems and smart energy solutions for solar PV systems.

Led ★ 3 rounds Latest: 2010-10

TimeBridge Inc.

TimeBridge was a Web-based software application for coordinating and running meetings and collaborating online.

Led ★ 1 round $5.0M committed Latest: 2009-05

Qumranet

An Israeli software company specializing in virtualization technologies, notably the KVM hypervisor and SolidICE virtual desktop infrastructure.

Led ★ 2 rounds Latest: 2008-01

Investment activity

14 portfolio exits on record.

Funds · 16

• 17 — $3B Apr 2024
• 16 — $3B Dec 2021
• 15 — $2B Nov 2019
• 14 — $1.5B Feb 2018
• 13 — $1.2B Jan 2016
• 12 — $1.2B May 2014
• 11 — $1.2B Nov 2009
• 10 — $650M Apr 2006
• 9 — $411M Jan 2001
• 8 — $300M Jan 2000
• 7 — Undisclosed Jan 1998
• 6 — $300M Jan 1997

Q&A

What was Norwest Venture Partners' most recent fund close?

Norwest Venture Partners closed Fund 17 in April 2024, raising $3 billion.

What was a significant exit for Norwest Venture Partners in 2023?

In September 2023, Norwest Venture Partners saw the acquisition of Ermetic by Tenable for $265 million.

Which company in Norwest Venture Partners' portfolio recently raised a large amount of capital?

VAST Data, a portfolio company of Norwest Venture Partners, has raised $1.38 billion for its unified platform that powers AI in modern data centers and clouds.

What is Norwest Venture Partners' primary investment focus by sector?

Norwest Venture Partners primarily focuses its investments in the Business Software sector, with 23 portfolio companies, and Cyber Security, with 13 portfolio companies.

Can you name a notable recent investment by Norwest Venture Partners in the AI space?

Norwest Venture Partners invested in Alice, a company founded in 2018, which is focused on protecting Generative AI Applications and Agents.

What is Norwest Venture Partners' investment strategy regarding funding stages?

Norwest Venture Partners invests across various stages, including Seed, A Round, B Round, C Round, D Round, E Round, F Round, and G Round.

When did Norwest Venture Partners last raise a fund prior to their 2024 fund?

Prior to their April 2024 fund, Norwest Venture Partners closed Fund 16 in December 2021, raising $3 billion.

Which of Norwest Venture Partners' portfolio companies operates in the quantum computing sector?

Classiq Technologies, a portfolio company of Norwest Venture Partners, develops quantum computing software and has raised $254.5 million.