Bluestream Ventures is a venture capital firm focusing on early-stage investments in North American startups. The firm primarily targets companies in the communications, infrastructure software, storage, and wireless sectors. Bluestream Ventures typically invests in Series A to Series C funding rounds.

Notable portfolio companies include Calient Technologies, which has raised $195 million, and Xalted Networks, with $21 million in funding. Other investments include Euclid, Intersect Software, and Tazz Networks. Bluestream Ventures aims to support innovative startups in the technology sector, providing capital and expertise to help them grow and succeed in their respective markets.