Xperi Inc. (NYSE: XPER) is a San Jose-based entertainment technology company whose work hides in plain sight inside the devices people already own. Through its DTS, HD Radio, TiVo and IMAX Enhanced brands, Xperi puts immersive sound in living rooms, smart software on televisions, broadcast and streaming radio in cars, and personalized discovery across pay-TV and IPTV platforms. Spun out of Xperi Holding Corp in 2022 as the product-focused half of the business, the company now reaches hundreds of millions of devices worldwide while pivoting its growth toward a media platform built around TiVo OS and the connected car.
Reid Weaver Dennis (1926-2024) was the founding father of institutional venture capital in Silicon Valley. As founder of Institutional Venture Partners (IVP), he pioneered the model of raising venture funds from institutional investors - insurance companies and endowments - at a time when VC was barely a cottage industry. His 1974 fund raised nearly half of all private venture capital in the U.S. that year. Over seven decades, he backed companies like Seagate, Netflix, TiVo, and Juniper Networks, served 37 years on the San Francisco Opera board, and built IVP into a firm managing $7 billion with a 40-year IRR of 43.1%.