Early partners of remarkable teams building companies that matter.
Greylock + Airbnb since series A
In 2010, Airbnb was still in its early days. But it was clear that co-founders Brian Chesky, Joe Gebbia and Nate Blecharczyk had a transformational idea: to redefine the travel experience with a platform powered by individuals. Instead of another travel booking website, they built a living system, with human connection and a sense of belonging at the center of it all. Within a year, Airbnb was worth more than $1 billion, and in December 2020, the company went public (Nasdaq: ABNB). Today, travelers and locals alike can belong anywhere by booking one of more than 7 million listings and over 40,000 experiences across 220 countries and regions.
Complete Application Awareness
AppDynamics + Greylock since Series A
In 2008, founder Jyoti Bansal had the foresight to realize that every enterprise was starting a journey toward digital transformation, and this shift would create a tremendous opportunity for the next generation of application performance management. That year, Greylock, along with Lightspeed, co-led the Series A. Jyoti recruited Bhaskar Sunkara as CTO, and together with a talented team, they redefined how enterprises monitored their application health. In 2015, David Wadhwani joined as CEO and AppDynamics transitioned to a multi-product, SaaS first company; growing ARR nearly 10x in four years and making it the fastest-growing APM vendor in the market. AppDynamics was less than two days away from IPO when Cisco acquired the company in 2017 for nearly $4 billion.
Figma + Greylock since Series A
CEO Dylan Field and CTO Evan Wallace co-founded Figma based on a simple, yet powerful insight: design is at the center of modern work, but design tools hadn’t evolved for more than three decades. While documents, spreadsheets, engineering and more had all become collaborative, designer tools were still in the dark ages when it came to working together and across teams. Figma provides a better way for product teams to design, prototype and collaborate, all in the browser. Greylock partnered with Figma in 2015 and the product is now used by thousands of enterprise companies like Airbnb, Goldman Sachs, Google, Microsoft, NYT, Spotify, Uber and more.
The Neighborhood Hub
Nextdoor + Greylock since Series B
Co-founders Nirav Tolia, Sarah Leary, and Prakash Janakiraman founded Nextdoor after seeing research that many people do not know their neighbors by name. They sought out to build a neighborhood hub that would cultivate a kinder world where everyone has a neighborhood they can rely on. In 2014, Greylock partnered with Nextdoor, and in late 2018 Sarah Friar was appointed CEO. Today, Nextdoor is the neighborhood hub for trusted connections and the exchange of helpful information, goods, and services in 11 countries around the world.
The Identity Cloud
Okta + Greylock since Series B
In 2009, co-founders Todd McKinnon and Frederic Kerrest started a cloud-based identity company to help large enterprises better manage, control and secure the applications that they use. In 2011, Greylock partnered with Okta, and the company went public in 2017 (Nasdaq: OKTA). Today, almost 8,000 organizations trust Okta to help protect the identities of their workforces and customers.
Global Cybersecurity Leader
Palo Alto Networks + Greylock Since Seed
In 2005, founder Nir Zuk set out on a mission: disrupt the network security status quo and re-invent the firewall. Greylock, along with Sequoia Capital, partnered with Palo Alto Networks at the very beginning with a $250K seed check. Nir started from a desk at the Greylock offices. Rajiv Batra and Lee Klarich joined Nir, and they delivered the first product in 2007 – a “next generation firewall” that could identify and provide fine-grained control of applications. In 2012, CEO Mark McLaughlin led the company through an IPO (NYSE: PANW) and 10x revenue growth. In 2018, Nikesh Arora joined as CEO and began transforming the company from on-premise to cloud. Today, PANW is a global cybersecurity leader with more than 70,000 customers and $3.49 billion in billings in FY19.
Multi-Cloud Data Control
Rubrik + Greylock since Series B
In 2014, co-founders Bipul Sinha, Arvind Nithrakashyap, Arvind Jain, and Soham Mazumdar started Rubrik with a bold mission: build a single software platform to manage and protect data across the cloud and on-premise. Greylock partnered with Rubrik in 2015 when its initial offering was still under development. Rubrik has since expanded its product portfolio to deliver SaaS applications for data governance, compliance, and security. The company operates under 5 core values–Relentlessness, Integrity, Velocity, Excellence, and Transparency (RIVET)–to drive customer success and rapid innovation. As a result, Rubrik has rapidly grown from a small startup to global leader, serving more than 2,500 customers with hundreds of millions in revenue.
Analyze Your Data Differently
Sumo Logic + Greylock Since Seed
In 2010, co-founders Christian Beedgen and Kumar Saurabh initiated Sumo Logic on a secular bet: empower digital business through analytics delivered completely as a cloud-based service. They were joined by Bruno Kurtic, and built an offering to deliver continuous intelligence – real-time insights delivered as a service – from a cloud-native platform. Greylock invested before the company had a name. To receive the funding via wire, the founders named the company after Christian’s dog, “Sumo.” In 2014, Ramin Sayar joined as CEO. Sumo Logic went public in 2020 (Nasdaq: SUMO), and today, the company is a fast growing leader in continuous intelligence, with more than 2,000 customers around the world.
Your Place To Talk
Discord + Greylock Since B
Founder Jason Citron and his team started their company, Hammer & Chisel in 2012. They were building Fates Forever, a MOBA game for tablets, and were increasingly frustrated by the products they were using to chat while playing their favorite PC games. So in 2015, Jason and Stan Vishnevskiy launched Discord, a communications platform that helps friends come together around the games they love, and it saw immediate adoption and growth. Greylock partnered with Discord in 2016, and today the company has more than 56 million monthly active users, with more than 1 billion messages sent each day.
Enterprise Cloud Applications for Finance and HR
Workday + Greylock Since Seed
In 2005, Aneel Bhusri and Dave Duffield met for brunch at the Jax Truckee Diner. They decided to form a company that would sell cloud-based applications for finance and HR, which became known as Workday. Greylock partnered with the co-founders from the beginning, and in 2012, Workday (NASDAQ: WDAY) went public. Today, the company is a leading provider of enterprise cloud applications, delivering financial management, human capital management, planning, and analytics applications designed for the world’s largest companies, educational institutions, and government agencies.
The Professional Social Network
LinkedIn + Greylock Since Series B
In 2003, Reid Hoffman co-founded LinkedIn with the purpose of helping the world’s professionals to be more productive and successful, and to transform the way companies hire, learn, market and sell. Greylock partnered with LinkedIn in 2004, when the company had fewer than 1 million members. LinkedIn went public in 2011 (Nasdaq: LI) and in 2016, the company was acquired by Microsoft for $26.5 billion. Today, LinkedIn has more than 675 million members and has offices around the globe.
Insights on technology, culture, leadership, and company building.
Greylock general partner Reid Hoffman in conversation with Harry Stebbings, host of the popular podcast The 20 Minute VC. Picking back up from a conversation in November 2020, Reid and Harry source questions from Twitter to discuss everything from Reid's earliest lessons as a young entrepreneur; investing in startups such as Airbnb; and up into the current environment of navigating political issues (and a pandemic )while running a company.
Cloud native is the new order of business. But most existing monitoring technology is insufficient to contend with the complex, dynamic, and ephemeral nature of the modern cloud environment. That's why Martin Mao and Rob Skillington formed Chronosphere, a purpose-built platform to monitor cloud-native infrastructure and apps and enable organizations to make precise, data-driven decisions.
While it’s been difficult, 2020 has also been a time of great progress in the startup ecosystem. Not only have we seen extraordinary efforts to advance technology and experiment with new business models, we’ve seen many individuals and organizations taking important strides towards building a more sustainable, equitable and inclusive future.
While the past fifteen years of the cloud transition has produced some large and likely enduring companies, today we are seeing new companies that are not part of the cloud transition or a hybrid cloud generation. They aren’t even cloud-first– they are cloud only.