Sutter Hill Ventures, founded in 1964 by Bill Draper and Paul Wythes, is one of the oldest venture capital firms still in operation. Based in Palo Alto, California, the firm focuses on early-stage investments in technology-based startups, particularly in sectors such as networking and computer technology, business and financial services, healthcare, web development, and pop culture. Over the years, Sutter Hill Ventures has been an early investor in companies like Qume, Diablo Systems, LSI Logic, and Banyan Systems. Notably, the firm incubated and invested in Snowflake Computing, which achieved a record-setting technology IPO in 2020. Their investment strategy emphasizes creating long-term value and fostering significant growth in their portfolio companies. Sutter Hill Ventures has a history of supporting entrepreneurs in building market-leading companies through their extensive industry networks and venture capital experience. The firm has made 337 investments and has had 79 exits, with notable exits including C3 AI, Rigetti Computing, and Grail. Their investment stages range from Seed to Series D, and they have invested in companies across various industries, including Artificial Intelligence, Fintech, Web3/Blockchain, and more. The firm's geographical focus includes the United States, United Kingdom, China, Ireland, New Zealand, Australia, Brazil, and Denmark.