Garage Technology Ventures is a seed-stage and early-stage venture capital fund, focusing on investing in startups with novel technologies and the potential to build significant companies.

Garage started as Garage.com in October 1997. The co-founders, Guy Kawasaki, Craig Johnson, and Rich Karlgaard, created the company in order to help entrepreneurs raise angel and venture capital. Initially operating as an accelerator, over the next five years Garage helped nearly 100 startups raise about $400 million, including such companies as Tripwire, Claria, Lefthand Networks, SalvageSale, Hoku Scientific, and Digital Fountain. Garage has also produced a highly acclaimed series of events including Bootcamp for Startups, The State of the Art, and Silicon Valley 4.0.

Garage was initially funded by some of the leading venture capital firms and angel investors in the industry, including:

• Advanced Technology Ventures
• Draper Fisher Jurvetson
• E*TRADE Group
• Highland Capital
• Mayfield Fund
• Sequoia Capital
• Silicon Valley Bank

When the supply of early-stage venture capital dried up in 2002, we decided to become a seed and early stage venture capital fund. CalPERS is the lead investor in Garage’s first fund, the Garage California Entrepreneurs Fund.

Investment Criteria

Team