Historic Exit
Yahoo's $1.1 billion purchase on Monday of the blogging site Tumblr made history.
The acquisition was the biggest venture-backed exit of a New York-based company in the state's history. It was also the first time an exit of such a company hit the billion-dollar mark, according to CB Insights.
Some of the VCs that backed Tumblr include Sequoia Capital, Spark Capital and Union Square Ventures.
Here's a look at the 11-biggest venture-backed exits of New York companies and some of the notable VCs who backed them. (This list does not include acquisitions that happened after an IPO. It also does not include private equity transactions.)
Source: CB Insights
—By CNBC's Cadie Thompson
Posted 21 May 2013
Huffington Post
Acquirer: AOL
Year: 2011
VC Investors: Greycroft Partners, Oak Investment Partners and Softbank Capital
Valuation: $315 million
CSTV Networks
Acquirer: CBS
Year: 2005
VC Investors: Ackerley Partners and Court Square Ventures
Valuation: $325 million
Admeld
Acquirer: Google
Year: 2011
VC Investors: Foundry Group, Norwest Venture Partners and Spark Capital
Valuation: $400 million
ActiveHealth Management
Acquirer: Aetna
Year: 2005
VC Investors: Partnership for New York City Fund, Prime Ventures, Psilos Group and Radius Ventures
Valuation: $405 million
Avesta Technologies
Acquirer: Visual Networks
Year: 2000
VC Investors: Riggs Capital Partners and Trident Capital
Valuation: $415 million
LinkShare
Acquirer: Rakuten
Year: 2005
VC Investors: Mitsui Ventures and Comcast Interactive Ventures
Valuation: $425 million
iVillage
Acquirer: Public
Year: 1999
VC Investors: Allegis Capital, Boston Millennia Partners, Rho Capital Partners and Technology Crossover Ventures
Valuation: $555 million
Currenex
Acquirer: State Street
Year: 2007
VC Investors: Barclays Ventures and TH Lee Putnam Ventures
Valuation: $564 million
Buddy Media
Acquirer: Salesforce.com
Year: 2012
VC Investors: GGV Capital , Greycroft Partners, Insight Venture Partners, Institutional Venture Partners and Softbank Capital
Valuation: $745 million
Right Media
Acquirer: Yahoo
Year: 2007
VC Investors: Redpoint Ventures and WGI Group
Valuation: $850 million
Tumblr
Acquirer: Yahoo
Year: 2013
VC Investors: Sequioa Capital, Spark Capital and Union Square Ventures
Valuation: $1.1 billion