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Mayfield
Company type	Private
Industry	Venture capital
Founded	1969; 55 years ago
Founders	Thomas J. Davis, Jr., Wally Davis
Headquarters	Menlo Park, California, U.S.
Key people	Navin Chaddha, Managing partner
Products	Venture capital
AUM	US$1.8 billion
Number of employees	15+
Website	www.mayfield.com
	Footnotes / references;

Mayfield, also known as Mayfield Fund, is a US-based venture capital firm that focuses on early-stage to growth-stage investments in enterprise and consumer technology companies. Founded in 1969 and based in Menlo Park, California, it is one of Silicon Valley's oldest venture capital firms.^[5]

History

The firm was founded in 1969 by venture capitalist Thomas J. Davis, Jr. and Wally Davis (no relation).^[1] Thomas Davis Jr. had earlier founded venture capital firm Davis & Rock with fellow investor Arthur Rock, with funding from several founders of Fairchild Semiconductor.^[1]^[6] William F. Miller, a former vice president and provost at Stanford University, was an early investor.^[7]

In 2009 and 2010, Mayfield fully funded marketing automation software company Marketo's series C and D rounds, and benefited when the company went public in 2013.^[5]

In June 2011, Mayfield invested in field SaaS software startup ServiceMax.^[8] In September, Mayfield invested in Zimride's Series A funding round, a predecessor to ride hailing service Lyft.^[9]^[10] Also in 2011, Navin Chaddha took over as managing partner of Mayfield.^[2]

In April 2012, Mayfield invested $12M in ad-tech startup Moat, which was acquired by infotech company Oracle in 2017.^[11]^[12] In late 2012, Mayfield benefited from its investment in SolarCity when the solar energy company went public.^[13]

In 2013, the firm relocated to its current office on Silicon Valley's Sand Hill Road, in Menlo Park.^[14]

In April 2016, the firm closed two new funds totaling up to $525 million: Mayfield XV, a fund focused on early-stage companies, and Mayfield Select, designed for later-stage investing.^[5]

In June 2019, Mayfield was among several companies that participated in a $200M funding round for data center management company Fungible.^[15]

In 2022, Navin Chaddha was named to the Midas List as the number 5 venture capitalist of the year.^[16]

The firm is headquartered on Sand Hill Road in Menlo Park, California.

Philanthropy

Mayfield is a sponsor of the Mayfield Fellows Program at Stanford University.^[17]^[18] The program offers university students in-depth training and experience in high-tech entrepreneurship.