Battery Ventures is a principal investment firm specializing in investments in all stages of growth from seed to later stage and tech buyouts. It also invests in PIPES, take private transactions, and spin outs. The firm typically invests in infrastructure technologies with a focus on cable infrastructure, network and wireless infrastructure, security software and services, and computing and storage infrastructure; application software; communications services; e-commerce products and services; tech enabled businesses; semiconductor and related products; media and content; and consumer technology. It also invests in the energy, materials, information technology, and tech enabled business services markets. The firm primarily invests between $5 million and $50 million over the life of the investment and has the ability to invest up to $100 million. It primarily acts as the lead institutional investor in its portfolio companies. The firm seeks to take board membership in its portfolio companies. Battery Ventures was founded in 1984 and is based in Waltham, Massachusetts with additional offices in Menlo Park, California and Herzelia, Israel.