Blast OIF | 23 things from 2023
OIF Ventures' year in review: full Eftsure exit, Opportunity Fund close, Visory, DataMasque and Nullify backed, follow-ons at Inspace and Dataweavers, new team members and portfolio milestones.
Member of the Investment Committee, OIF Ventures
| Role | Organisation | Sources |
|---|---|---|
| CEO (former) · Founder | Instaclustr | Our Innovation Fund (11 Jul 2023), Our Innovation Fund (6 Sep 2022), Startup Daily |
| Member of the Investment Committee | OIF Ventures | Our Innovation Fund |
Every published round Peter Lilley took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Peter Lilley has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for Peter Lilley, as distinct from the investments it has made.
Companies Peter Lilley has backed that another company then bought. An exit for the holding, not a deal Peter Lilley did.
Stories naming Peter Lilley. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
OIF Ventures' year in review: full Eftsure exit, Opportunity Fund close, Visory, DataMasque and Nullify backed, follow-ons at Inspace and Dataweavers, new team members and portfolio milestones.
OIF Ventures has gathered $55 million toward a new Opportunity Fund with a $75 million goal, backed by several tech founders, and has put $4 million into Advanced Navigation's $108 million round.
OIF Ventures has closed its third fund at $140m, beating its original $100m target, with founder backers including Peter Lilley and Andrew Barnes; earlier trade sales underpin its strong returns.
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US software company NetApp is buying Canberra data platform Instaclustr in a deal reportedly exceeding $500 million, nine years after its founding, rewarding early backers including ANU Connect Ventures and Bailador.
OIF Ventures republishes an AFR report on NetApp buying Canberra data-technology firm Instaclustr for a reported $500 million-plus, covering founder paydays and the fund's returns, including a 20-times outcome on its early backing.