Simpson Thacher represented Technology Crossover Ventures in connection with the organization of TCV XI, a $4 billion fund focused on technology investments in consumer internet, software and IT infrastructure companies. TCV XI is the largest fund ever raised by the firm.
Founded in 1995, TCV provides capital to growth-stage private and public companies in the technology industry. Since inception, TCV has invested over $14 billion in more than 350 leading technology companies and has helped guide CEOs through 65 IPOs and 64 strategic sales. TCV’s investments include Airbnb, Altiris, Dollar Shave Club, ExactTarget, Expedia, Facebook, Fandango, GoDaddy, Genesys, HomeAway, IQMS, Merkle, Modsy, Netflix, Peloton, Redback Networks, Silver Peak, Sitecore, Splunk, Spotify, Webroot and Zillow.
The Simpson Thacher team advising TCV included Robert Guo, Tom Wuchenich, Maria Attaar, Géraldine Rothschild, Christopher Sun, Yevgeniy Yalon, Jonathan Kachiu, Dustin Cooper, David Wuchenich, Megan Whitman, Audrey Kim, Paul Clatterbuck, Brian Pettis and Amanda Miller (Funds); Jennifer Neilsson (ERISA); and Nancy Mehlman, Jacqueline Clinton, Brian Mendick and Suzy Yaster (Tax).