Fund: Wellington Partners
Posted by pieperp on 2008-06-11
Wellington invested in the seed round of our company as lead investor and just recently we closed a Series B with them.
They invested in our company at a very early stage, when we had a working technology with potential â€" but that was it. In our view Wellington â€" and specifically JÃ¶rg Ãœberla - was the only VC in the European scene, who were capable and willing to dig deep into the technology and then do their own qualified assessment on its potential.
Once they then had invested there was full commitment and support to get to the next stage. I always considered their partners (and not only the managing invested partner) to be among our best sales capacities. They ran up and down Europe and Silicon Valley to get us connected to the right folks. At the same time they were tough and demanding on the expectations side without overdoing it (but hey, thatâ€™s what itâ€™s all about as well, right"). With JÃ¶rg Ãœberla we always had someone who would listen to sane arguments (but they better be saneâ€¦) and willing to support entrepreneurial and creative business decisions.
This was one of the major elements that helped us get to the market positioning and business model we successfully run today and which was the basis for their ongoing commitment in the second round. We actually turned down a couple of Sand-Hill investors and rather preferred to stick to the trusted and capable partner we had with Wellington.
So my advice: if you want to go beyond the usual copy cat and consider your technology globally relevant, Wellington is THE partner to go with.PRIVATE: Members Only