Canaan Partners invests in visionary entrepreneurs and provides them the networks, insights and operational guidance required to build high-performance technology & healthcare companies. For 25 years, Canaan’s seasoned investment professionals have leveraged their deep domain expertise and extensive industry relationships to help build market-leading companies. We were early investors in some of the world’s leading companies, including:

AdvancePCS grew to become the nation’s largest independent provider of health improvement services, touching the lives of more than 75 million health plan members and managing more than $27 billion in annual prescription drug spending.

Business Layers was the first company to define and address the eProvisioning market, and the first to define a provisioning standard.

Capstone Turbine is the world leader in microturbines for distributed power generation and co-gen applications.

Centocor revolutionized the science of immunology and has been a leader in the field of cancer and immune-disorders, such as rheumatoid arthritis and plaque psoriasis for over 20 years.

Cerexa is an innovative biopharmaceutical company focused on developing therapies for the treatment of serious and life–threatening infections. Cerexa was sold to Forest Laboratories in January 2007 in the largest private biotech M&A in history.

CombinatoRx is pioneering the new field of synergistic combination pharmaceuticals, that is, combining drugs already approved by the FDA to create new applications. The CombinatoRx proprietary drug discovery technology provides a renewable and previously untapped source of novel drug candidates.

CommerceOne pioneered and brought B2B ecommerce to the masses.

Copper Mountain technology led the 1990’s DSL wave in North America.

Dexcom is tackling the diabetes epidemic by developing sensors that wirelessly transmit glucose readings to patients and theirs doctors.  Dexcom was the largest diagnostic IPO of 2005.

DoubleClick is the leading online advertising solution, acquired by Google.

Esperion is a biopharmaceutical company focused on the discovery and development of therapies for the treatment of cardiovascular disease. Esperion is now a division of Pfizer Global Research and Development.

Kalpana pioneered the Ethernet switching industry with innovative technology such as low-latency, cut-through switching and full-duplex Ethernet.

Latitude Communications is a leading provider of integrated, enterprise-class conferencing solutions for geographically dispersed organizations.

Nellcor introduced the first clinically and commercially viable pulse oximeter and has grown to become the world’s foremost supplier of pulse oximetry.

ONI Systems Leader in the revolutionary merging of the metro area voice and data communication that is the basis of Ciena’s current offerings.

WebLoyalty is a leading provider of online marketing and rewards services.

Fast Facts

Founded in 1987
$3.4 billion under management
Raised 9 funds
Technology + Healthcare
Early-stage investments
148+ successful exits
4 former CEOs
3 MDs

Downloads

Twenty Years Book [pdf, 9.77MB]
Canaan Brochure [pdf, 3.6MB]