About Us

Fidelity's worldwide venture capital teams have spent 40 years partnering with technology companies, providing all the resources and support they need to turn possibility into reality.

It takes more than capital to help a company succeed. It takes insights. The kind that improve your performance today, and take you further than where you dreamed you’d be tomorrow. It takes experience. Hands-on experience in every aspect of running a growth business, from strategic planning to recruiting an effective management team. And it takes connections. Well-established, influential connections that open doors with potential customers and partners all over the globe.

Imagine how the breadth of our resources could impact your company's reality. Fidelity Growth Partners provides the expertise, resources and connections entrepreneurs at early stage and growth equity companies need to take their businesses further, faster. With Fidelity as our primary provider of capital, we have the ability to access resources that make us a proven and powerful partner for companies just entering the market as well as those ready for the next phase of growth.

We commit these resources, along with the talents, passion, and energy of our people, to the success of every one of our portfolio companies. From identifying and delivering new revenue opportunities, to offering insight on everything from organisational development to global expansion, we provide whatever it takes to help make good companies great.

Our 40 year history

The roots of Fidelity Growth Partners go back 40 years to the very beginnings of the venture capital industry. Our predecessor firm, Fidelity Ventures was founded in the United States in 1969 when Harry Hoagland, who had worked for 30 years with George Doriot president of American Research and Development (ARD), was invited to review Fidelity's venture interest, share his experience and make recommendations.

Hoagland cited both the risks and rewards associated with venture capital, concluding, ‘On the bright side, there can be substantial financial rewards from venture capital. It also offers the opportunity to make a significant contribution to our economy by helping to maintain our great competitive system.’

Hoagland's advice eventually led to the founding of Fidelity Ventures Limited, the predecessor to Fidelity Growth Partners. Today, we carry on the firm’s legacy in Europe by partnering with innovative European technology companies and providing them the support and resources they need to grow.

Below is a sample of past Fidelity Ventures exits.

Portfolio Company

Company Description

Acquirer/IPO

airespace Airespace, founded in 2001, quickly became the Wi-Fi technology leader, catching the attention of market leading Cisco Systems who acquired them in 2005 for €306 million. Now a €680 million revenue producing business unit, many of the original Airespace professionals are leading Cisco’s wireless networking efforts. Cisco Systems
atari We made our investment in Atari back in 1975, before Space Invaders, when Steve Jobs was a designer working on Breakout. Sequoia, Mayfield and Time Inc. were co-investors. We exited, when Atari was acquired for €19 million by Warner Communications. Warner Communications
colt Through earlier investments in UK-based London Pager and Teleport in the US, we tapped telecommunications veteran and former AT&T executive Paul Chisholm to become the founding CEO of Colt Telecom.  Not only did Paul lead Colt's very successful initial public offering, he continued his legacy with Fidelity Ventures for a third time, becoming the CEO of MindSHIFT. IPO 
Connected After seeking capital for another company and being told no, Bob Brennan was persuaded by Rob Ketterson to become CEO of Connected. Four years later, Connected was acquired by Iron Mountain (NYSE: IRM), where today, Brennan serves as its CEO. Iron Mountain
Geotel Not only was Fidelity Investments an early design partner to GeoTel, ultimately they became a significant customer, propelling the company to its successful public offering on November 20, 1996. Cisco Systems subsequently acquired GeoTel in 1999. IPO (now Cisco Systems)
MCI The communications revolution would be an early success for its first investors. Fidelity was among them [and Hoagland, Harrison and Bodman] invested in the MCI franchise in 1969 that would become the most profitable company in the telecommunications industry. It went public in 1972, and is now part of Verizon IPO (now Verizon Communications)
Nuance Building on our success in the call center infrastructure sectors with investments in Rolm, Geotel, Kurzweill and PakNetx, we identified Nuance as the leader in the burgeoning speech recognition market. Fidelity Investments became an early customer of Nuance, and Fidelity Ventures, an early investor. The company had a successful IPO on April 12, 2000. IPO
ONI Systems We led the August 1999 financing round, investing with follow-on support from existing investors Mohr Davidow and Kleiner Perkins. Less than a year later, ONI IPOs (NASDAQ: ONIS) and then is acquired 2 years later by Ciena Corporation. IPO (now Ciena Corporation)
PolyServe Having had an OEM relationship with PolyServe, Hewlett Packard acquired them on February 27, 2007. Most of the 117 PolyServe employees have remained with HP to this day. HP
Verid With insight from Fidelity regarding on-line verification challenges, Fidelity Ventures invested in Verid on August 16, 2005. Less than 2 years later, information security powerhouse EMC acquired the company. EMC