Western Technology Investment


Western Technology Investment (WTI) is a pioneering venture debt firm that has been providing capital to startups since 1980. With a focus on minimizing dilution, WTI has supported over 1,400 companies across major innovation sectors. The firm is known for its flexible, scalable, and partner-driven approach, offering debt capital from the seed stage through to public listing. WTI is currently investing from its 11th institutional fund, backed by institutional LPs including endowments, non-profits, academic institutions, and select family offices.

Western Technology Investment

Western Technology Investment

104 La Mesa Drive, Suite 102, Portola Valley, CA 94028


What We Do

WTI offers venture debt to startups, providing a flexible and founder-friendly form of capital that supports growth with less dilution. Their approach includes no 'Material Adverse Changes' clauses, no 'Insolvency Default' clauses, no 'Investor Support' covenants, and no subjective requirements, ensuring startups have access to capital when they need it most.

WTI provides credit facilities that can scale with companies throughout their lifecycle, from seed stage to public listing, allowing businesses to fully utilize their capital.



Portfolio

WTI invested in Google in 2001.

#Technology

WTI invested in Meta (formerly Facebook) in 2004.

#Technology

WTI invested in Toast in 2015.

#Enterprise

WTI invested in Oscar in 2012.

#Health

WTI invested in Allbirds in 2016.

#Consumer

Acquired by Cisco Systems. Developer of fabless silicon photonics semiconductors designed to offer low-cost, high-volume optics solutions with high performance, reach and reliability.

#Hardware

Acquired by Aptus Health. Provider of prescription drug sampling solutions.

#Health

Acquired by Netlogic Microsystems. Operator of a fabless semiconductor company.

#Hardware

Developer of minimally invasive medical devices to treat obesity and metabolic diseases.

#Health

Acquired by Axway. Provider of collaborative commerce solutions to connect, manage, and collaborate with business partners over the internet.

#Enterprise

Acquired by CardLab Innovations. Provider of payment cards designed to help consumers make better purchasing decisions.

#Fintech

Acquired by Microsoft. Developer of a virtual reality social platform designed to bring people together and foster real connections.

#Social

Developer of an omnidirectional treadmill simulator for virtual reality games designed to provide 360-degree mobility in virtual environments.

#Hardware

Acquired by Handy. Operator of an online furniture marketplace.

#Social

Developer of an online betting site designed to offer social games and online gambling opportunities for real money.

#Media & Gaming

Operator of an e-commerce shopping portal intended to offer a wide range of consumer products.

#Consumer

Provider of a cloud-based ERP software intended for budgeting, financial management, and citizen services needs of the public sector.

#Workforce

Acquired by Veritone. Provider of cloud-based semantic software applications designed to build intelligent big data applications.

#Workforce

Acquired by Unisys. Provider of SaaS software intended to power unified communications and continuous operations.

#Workforce

Acquired by CA Technologies. Developer of a cloud based performance testing platform designed to run scalable and continuous testing for website, mobile and software.

#Enterprise

Operator of emergency health care centers intended to provide accessible efficient healthcare.

#Health

Provider of car repairing services intended to make car repair and maintenance affordable, convenient and transparent.

#Consumer

Manufacturer and distributor of smart helmets designed to provide safety with wearable technology.

#Hardware

Manufacturer of lifestyle footwear for children intended to provide a range of fashion sneakers.

#Consumer

Acquired by Salesforce.com. Provider of an interactive email platform intended to enhance direct marketing services.

#Enterprise

Acquired by YouCaring. Provider of an online fundraising platform designed to support users to create fundraising pages to raise money.

#Enterprise

Acquired by Bird Rides. Operator of electric scooters network intended to facilitate zero-emission mobility.

#Transportation

Acquired by Okkami. Developer of an online platform and application designed to offer guests a new and exciting way to customize their stay.

#Enterprise

Acquired by Seismic (Clothing). Provider of a wearables biomechanics platform designed to optimize human potential and improve health.

#Hardware

Acquired by Red Hat. Provider of application programming interface (API) management technology.

#Enterprise

Acquired by Balt Extrusion. Developer of endovascular treatment devices.

#Health

Acquired by Brocade Communication Systems. Developer of data driven automation software.

#Enterprise

On-course technology and GPS for golf course operators and golfers.

#Enterprise

Acquired by Accell Group. Provider of an online mobile bike shop intended to reinvent how people interact with bike shops.

#Enterprise

Designer of suits and tuxedos available on rent for formal occasions.

#Consumer

Developer of mobility internet of things software designed to create safer roads for cycling and scootering.

#Workforce

Acquired by Lookout. Provider of mobile security technology.

#Infrastructure

Developer of a machine identity protection platform designed to secure the connection and communication between machines.

#Infrastructure

Acquired by Cameo Global. Provider of messaging service for businesses and organizations.

#Enterprise

Acquired by Strada Education Network. Provider of student coaching platform designed to offer adaptive coaching that generates measurable results.

#Education

Developer of a patient care management software designed to easily manage anemia in dialysis patients.

#Enterprise

Acquired by Centro. Developer of a predictive advertising management platform designed to offer intelligent marketing services.

#Media & Gaming

Acquired by Airbnb. Provider of a cloud file management platform intended to unify cloud files.

#Enterprise

Acquired by CloudSphere. Developer of an intelligent cloud management platform designed to solve the problem of managing hybrid and multi-cloud environments.

#Enterprise

Operator of private work and social spaces intended to help creators, innovators and thought leaders to gather and connect.

#Real Estate

Acquired by Animoca Brands. Developer of a gaming platform designed to offer free-to-play mobile multiplayer games.

#Media & Gaming

Acquired by Juma Technology. Developer of network monitoring and management software for the unified communications industry.

#Enterprise

Provider of an online game monetization platform intended to offer game products placement.

#Media & Gaming

Acquired by Rogue Wave Software. Developer of web applications for software services designed to develop, test and run Java applications.

#Hardware

Developer of social and mobile games designed to entertain the world with casino games.

#Media & Gaming

Acquired by Amazon.com. Developer of wireless frequency enabled smart security devices created to reduce crime in communities.

#Hardware

Acquired by Syndigo. Developer of an end-to-end e-commerce content analytics platform designed to simplify the e-commerce management process.

#Workforce

Operator of an online community-driven commerce platform intended to negotiate and organize product ordering.

#Social

Acquired by Digimarc. Provider of digital content protection service for the publishing industry.

#Enterprise

Acquired by ServiceNow. Developer of management tools intended for virtual computing environments.

#Workforce

Acquired by Medtronic. Manufacturer of a next-generation ablation catheter designed to treat AFIB.

#Health

Acquired by MariaDB. Provider of an online database platform intended for high-transaction workloads that can run on premise and in the cloud.

#Enterprise

Developer of an online ticket-sales platform designed to connect buyers and sellers directly.

#Enterprise

Acquired by Trax (Business/Productivity Software). Provider of a retail-intelligence platform designed to fuel performance driven merchandising decisions in every store, everyday.

#Media & Gaming

Acquired by Bahwan CyberTek. Developer of an application that gathers and analyzes customer feedback.

#Media & Gaming

Acquired by Alphabet. Provider of a platform that automatically converts iOS games to Android.

#Hardware

Acquired by Corning. Developer of wireless technologies designed to deliver scalable and unprecedented coverage, capacity and cloud services.

#Hardware

Provider of information and guidance on senior living communities and home care agencies intended for family caregivers seeking support.

#Enterprise

Developer of a non-invasive therapeutic hypothermia device designed to offer non-invasive, efficient temperature management therapies to preserve cells.

#Health

Operator of an online platform dedicated to pre-tax health and wellness products and services.

#Consumer

Acquired by ExlService Holdings. Provider of an integrated medical-behavioral model designed to address the physical, psychological and social drivers impacting member health and satisfaction.

#Health

Acquired by LaneOne. Developer of a mobile application designed to offer event updates and ticket booking.

#Enterprise

Acquired by GenTech Holdings. Provider of a real-time photo printing and sharing platform.

#Enterprise

Producer of nutritional supplements intended to ensure a healthy lifestyle.

#Food

Acquired by Monster Worldwide. Provider of an online resource for building, managing and researching professional reputation using community-contributed and professional reviews.

#Workforce

Developer of a DNA laser printer designed to help in synthesizing DNA.

#Hardware

Manufacturer of cardiovascular equipments.

#Health

Provider of operational and financial support to emerging medical device companies.

#Health

Acquired by HelpSystems. Developer of a data security platform designed to protect businesses against phishing.

#Infrastructure

The company is currently operating in Stealth mode

#Health

Acquired by Sybase. Provider of portal software and content aggregation for organizations and IT departments.

#Workforce

Developer of a data analytics platform designed to bring transparency to programmatic advertising.

#Media & Gaming

Provider of a health insurance marketplace intended to reward health-conscious people with lower rates on life insurance and Medicare insurance.

#Fintech

Developer of professional hair coloring, styling, and care products intended to make luxurious, at-home hair colors with harsh-free ingredients.

#Consumer

Acquired by Etsy. Provider of an online technology store.

#Consumer

Developer of digital credit platform designed to empower commerce for businesses.

#Fintech

Provider of enterprise mobility and remote access technology and software development services intended to design and deploy virtual desktop infrastructure.

#Hardware

Acquired by Maple Media. Developer of a social media platform intended to share images and stories of people, places, and things that inspire others how people live their lives.

#Social

Acquired by Envato. Provider of crowdsourced real-world images intended to connect photographers with creative professionals.

#Media & Gaming

Developer of an online network of investment professionals designed to get insights into alternative assets.

#Media & Gaming

Developer of a transportation data platform designed to provide on-demand metrics for vehicles, bikes, and pedestrians.

#Media & Gaming

Acquired by Cornerstone OnDemand. Provider of learning management platform designed to be used for employee training and development.

#Education

Acquired by Jacobs Engineering Group. Provider of industrial software applications designed to address critical safety, security, compliance and performance needs.

#Infrastructure

Acquired by Grubhub. Developer of a next-generation mobile payment network designed to connect consumers and merchants.

#Fintech

Acquired by Bankrate. Developer of a cloud based digital wallet for mobile and web based payments.

#Fintech

Acquired by AT&T. Developer of an advertising technology platform designed to provide an audience based-sales platform for television advertising.

#Workforce

Operator of an active online learning platform designed to recreate an interactive in-class experience online.

#Education

Developer of a K12 moderated video hosting platform intended to provide a safe environment for students, teachers, and schools to utilize video in a meaningful way.

#Education

Developer of a unified data and application integration platform intended to connect applications and data across the enterprises.

#Workforce

Acquired by Adecco Group. Provider of in-demand education and career services created to empower individuals to pursue work they love.

#Education

Acquired by Quest Analytics. Provider of a healthcare provider data platform designed to improve the flow and quality of healthcare data so that patients can get the care they need when required.

#Enterprise

Acquired by Tecsys. Provider of omni-channel commerce services.

#Workforce

Acquired by Sirius XM Radio. Provider of a driving assistant application designed to connect cars on the road to the internet and empower drivers with knowledge about themselves and their cars.

#Enterprise

Acquired by Anaplan. Developer of an online predictive analytics platform designed to identify the prospects faster.

#Media & Gaming

Provider of on-demand transportation services intended to promote mobility in cities.

#Transportation

Developer of cloud-based retail management software designed to offer online sales, POS, purchasing, CRM, and inventory management.

#Workforce

Acquired by Olapic. Provider of a multi-channel visual marketing and visual commerce platform for businesses and publishers.

#Media & Gaming

Developer of a SaaS-based campaign-management software designed to conduct customer acquisition and engagement in the field in conjunction with existing CRM.

#Workforce

Provider of social commerce platform intended to help online retailers increase referral traffic and sales.

#Workforce

Acquired by LifeLock. Provider of cloud-based receipt organizer and spending tracker for Android and iOS devices.

#Fintech

Developer of a remote support technology designed to solve remote access needs of computers from any device.

#Enterprise

Acquired by MasterCard. Provider of a customer data and engagement platform designed to empower innovative brands to forge stronger and more profitable customer relationships.

#Workforce

Acquired by Jabil. Manufacturer of recycled paper bottles designed to reduce the environmental impact associated with plastic bottles.

#Environment

Operator of an online food platform intended to offer food ordering services for children.

#Consumer

Acquired by NRG Energy. Provider of rooftop solar energy systems.

#Enterprise

Developer of therapeutic treatments for degenerative ocular diseases. The company has developed a topical drug, C-KAD Ophthalmic Solution (C-KAD OS) to reduce and repair oxidative damage implicated in blinding degenerative diseases such as cataract, glaucoma, dry AMD, diabetic retinopathy and uveitis.

#Health

Acquired by Satmetrix Systems. Provider of online tools for identifying customer priorities and forming brand communities. The company also provides marketing analytics services.

#Media & Gaming

Acquired by Ciena. Provider of communications network equipment for the delivery of various carrier Ethernet-based services.

#Infrastructure

Developer of base station and subscriber station systems and network management software for the WiMAX telecommunications market.

#Infrastructure

Ooma Inc is a United States-based provider of innovative communication solutions and other connected services to small business, home, and mobile users.

#Infrastructure

Acquired by Alphabet. Provides mobile office software solutions for mobile phones.

#Workforce

Acquired by Automatic Data Processing. Provider of web based Payroll services.

#Fintech

Acquired by Broadcom. Developer of communication chipset solutions for digital broadband networks.

#Infrastructure

Acquired by Proofpoint. Provider of messaging security applications designed to protect subscribers and messaging infrastructure from spam, phishing, viruses and harmful content.

#Infrastructure

Acquired by Arbor Networks. Provider of broadband service optimization solutions intended to bring application and subscriber awareness to broadband service providers and carriers.

#Infrastructure

Acquired by Integrated Device Technology. Provider of programmable video processing and geometry processing integrated circuit (IC) solutions.

#Hardware

Acquired by Omnitracs. Developer of a freight safety and risk management software designed to provide driving performance insight and analysis.

#Workforce

Acquired by Channel Services Group. Provider of innovative indirect channel sales strategies for technology based companies.

#Enterprise

Acquired by Alphabet. Provider of desktop DMZ software for Windows.

#Infrastructure

Acquired by Cavium. Developer of video compression software and hardware solutions for video-enabled consumer, professional, enterprise, and infrastructure platforms.

#Enterprise

Developer of a consumer and market intelligence platform built to deliver contextual insights that reveal business trends.

#Media & Gaming

Provider of online photo archiving and marketing services.

#Infrastructure

Acquired by Naviga. Provider of an online publishing platform designed to deliver innovative digital magazines.

#Media & Gaming

Acquired by PTC. Provider of content management and e-commerce systems for manufacturers.

#Enterprise

Acquired by NEX Group. Provider of infrastructure-management software for the financial markets.

#Fintech

Acquired by NeoPhotonics. Provider of media marketing services.

#Media & Gaming

Provider of a service allowing camera phones and digital cameras to scan, copy and fax.

#Enterprise

Acquired by Visage. Provider of web-based technology to help IT and HR departments to manage and govern workforce technology.

#Enterprise


Key People

Accounting Ops Manager

Director of Finance

Investment Partner

Principal

Director of Finance and SEC Reporting

Chief Accounting Officer