equity predecessor lehman brothers venture partners founded 1995 headquarters woodside california united states products venture capital total assets 750 million website www.tenayacapital.com tenaya capital is a venture capital firm with offices in menlo park california and boston massachusetts . founded in 1995 as lehman brothers venture partners tenaya spun out to become an independent firm in 2009 following lehman s bankruptcy . 1 to date tenaya has raised five funds representing over 1 billion of committed capital . citation needed the firm currently has approximately 750 million under management . 2 contents 1 investments 2 lehman brothers bankruptcy and lbvp spin out 3 see also 4 references 5 external links investments edit tenaya capital invests in a wide range of technology segments including internet and consumer communications semiconductors and electronics software and systems and cleantech . citation needed tenaya generally invests in a startup s second or third institutional round at a point when the company has a product or service that has started to generate market traction . however the firm does make earlier or later stage investments on a selective basis . citation needed current investments include kayak.com mark logic 3 lifesize kontera zappos.com telenav shoretel qunar.com powerreviews tumri and zuora . past investments include comscore nasdaq scor isilon systems nasdaq isln navini acquired by cisco systems sidestep acquired by kayak.com and valere acquired by eltek . citation needed lehman brothers bankruptcy and lbvp spin out edit main article bankruptcy of lehman brothers on september 15 2008 lehman brothers filed for bankruptcy protection . as part of the liquidation process lazard was appointed to sell certain interests in lehman brothers venture partners and its other private investment units . 4 5 in january 2009 harbourvest partners a boston private equity fund of funds financed the spinout of tenaya acquiring lehman s existing investment and unfunded commitments to tenaya venture funds . 1 see also edit lehman brothers merchant banking references edit a b lehman to spin off venture capital arm . wall street journal february 24 2009 miller claire cain . lehman brothers spins off venture capital arm . the new york times . retrieved 5 august 2015 . press gil . big data startups news funding acquisitions and ipos q2 2015 . forbes . retrieved 5 august 2015 . lehman brothers plans private equity spinoff . wall street journal january 9 2009 lehman brothers merchant banking in limbo . idd magazine september 15 2008 external links edit tenaya capital company website v t e private equity and venture capital investment firms investment strategy venture growth mezzanine secondaries leveraged buyout history history of private equity and venture capital early history of private equity private equity in the 1980s private equity in the 1990s private equity in the 2000s investors angel investor corporate venture capital commercial bank crowdfunding institutional investor insurance company investment bank endowment family office fund of funds high net worth individual merchant bank pension fund sovereign wealth fund private equity firms venture capital firms portfolio companies this article about a private equity or venture capital firm based in the united states is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title tenaya capital & oldid 731100965 categories companies based in menlo park californiaprivately held companies based in californiaventure capital firms of the united stateslehman brotherscompanies established in 1995united states private equity firm stubshidden categories all articles with unsourced statementsarticles with unsourced statements from november 2014all stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 22 july 2016 at 23 57 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view