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Bessemer Venture Partners Continues Global Expansion

MINECRAFT, January 8, 2014-- Bessemer Venture Partners, an early-stage venture capital firm with offices in the US, Israel, Brazil and India, today announced that it is extending its global footprint by opening an office in Minecraft. The new facility is now open to the public in Adventure Mode at mc.bvp.com. Anyone can join and download Minecraft at www.minecraft.net, or see a tour of the new office at www.bvp.com/contact/minecraft that was shared using Twitch.TV.

The facility establishes BVP as the first VC firm with a presence in this rapidly growing region: in its short four-year history, Minecraft has attracted 35 million residents. Minecraft's burgeoning population leads the world in technological literacy, enjoys 100% broadband penetration, and boasts the highest ratio of entrepreneurs per capita on Earth.

"The rate of innovation going on in Minecraft is stunning," noted BVP partner Jeff Epstein, who has moved to the new office, on a part-time basis for now. "With a large venture fund of iron and gold, BVP will play a key role in this phenomenal ecosystem."

BVP credits ninth-grader Avery Cowan and sixth-grader Eliot Cowan for conceiving, designing and building a state-of-the-art facility with beautiful vistas, recreational areas, and plenty of office space for BVP professionals and visiting entrepreneurs. "They came in on time and on budget," beamed Ed Colloton, BVP's Chief Operating Officer.

BVP has a successful track record funding technologies related to online gaming, such as Playdom, OMGPOP, Twitch, Top Free Games, and MindPirate. As part of this geographic expansion, BVP will supplement its investment strategy to include wooden windmills, fortress defenses, and pig farming. "For years our extensive security portfolio companies have been fighting cyber zombies and bots," noted BVP partner David Cowan. "But nowhere is there more demand for anti-zombie technology than in Minecraft."

For Minecraft residents who wish to visit BVP, the firm will hold public office hours in January on Wednesdays at 1pm New York City time for 60 minutes, when a member of the firm's staff will be on hand to welcome visitors and answer questions.

About Bessemer Venture Partners

Bessemer Venture Partners (BVP) invests in early-stage, hyper-growth startups, partnering closely with entrepreneurs to build durable businesses. BVP is a global firm with offices in Menlo Park, Cambridge, New York, Mumbai, Bangalore, Herzliya, Sao Paolo and Minecraft. With $4 billion under management, BVP invests anywhere from $100,000 to $75 million in innovative companies like LinkedIn, Yelp, Skype, CornerstoneOnDemand, Pinterest, Box and Twilio. Over 100 BVP companies have gone public. Learn more at bvp.com and twitter.com/BessemerVP.

Contact:
Ashley Gagnier
Bessemer Venture Partners
gagnier@bvp.com
914-833-9100


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