Consumer Internet, Commerce Enablement & Marketing Software

Matt Lytle is a Senior Managing Director of Tech Investment Banking at SVB Securities. In this role, he helps lead the firm’s technology investment banking strategy and initiatives, with a focus on Internet, Consumer / Marketing Software and Fintech.

Matt joined the firm in 2021 from Goldman Sachs where he was a Managing Director and Global Co-Head of Internet Investment Banking in the Technology, Media & Telecom group. With over 15 years of experience, he has advised boards and management teams on some of the most innovative and notable technology IPOs, mergers & acquisitions, leveraged buyouts, private placements, and financing transactions. Matt has led over 100 transactions for clients including Alphabet, Dropbox, Glu Mobile, Liftoff, Peloton, Snap, Square, Twitter, Upwork, Vroom, Wayfair, Yahoo and others.

He earned a Bachelor of Arts in Economics from DePauw University.

J.T. Stephens is a Senior Managing Director of Tech Investment Banking at SVB Securities and covers the Commerce Enablement, Consumer Internet, and Marketing Software sectors. He helped lead SVB Securities’ Tech Investment Banking team to serve as joint bookrunner for Skillz’s $300 million 144A offering of senior notes and co-manager of ZipRecruiter’s $550 million 144A offering of senior notes.

J.T. joined the firm in 2021 with over 15 years of Investment Banking experience where he previously led the Internet practice at UBS where he focused on strategic advisory, capital raising and leverage finance assignments. He also was a member of the Technology Investment Banking teams at RBC Capital Markets and Robertson Stephens. Earlier in his career, J.T. held leadership roles at Six Apart, a content management platform that catered to SMBs, and Overstock.com (NASDAQ: OSTK), an early pioneer in the eCommerce sector.

Over the course of his banking career, J.T. has advised boards and management teams on over 100 transactions including public equity financings, mergers & acquisitions, leveraged buyouts, private placements, recapitalizations and revolving credit facilities. His corporate clients have included Ancestry.com, Autotrader, Autodata/JD Power, Bazaarvoice, Cision, Cvent, Doordash, Dropbox, eBay, Facebook, Farfetch, GoDaddy, Inspirato, Lyft, LendingTree, Neustar, OEConnection, Roku, Shutterfly, SiteMinder, SkipTheDishes, SurveyMonkey, TheRealReal, Ticketfly, The Trade Desk, Viant, Vivid Seats, WeWork, Wish, Yext and Zynga. J.T. also spends time actively covering the private equity and venture capital communities.

He earned a Bachelor of Arts in English Literature from the University of California, Berkeley and an MBA in Finance, Strategic Management and Entrepreneurship from the Wharton School at the University of Pennsylvania.

Xiaoying Zhong is a Senior Managing Director of Technology Investment Banking at SVB Securities where she focuses on technology and technology-enabled services sectors globally.

Xiaoying joined the firm in 2021 from Evercore where she was a Managing Director advising companies across software, media and internet sectors. While at Evercore, Xiaoying worked on a broad range of transactions including, but not limited to, the $2.3B sale of Acxiom Marketing Solutions to The Interpublic Group; the $4.4B divestiture of Epsilon to Publicis Groupe, and the $1.8B sale of Merkle to Dentsu International. Prior to this, she worked in the technology M&A group at Jefferies. Xiaoying began her career as a systems engineer at Analog Devices working on physical layer communications software for mobile phones.

She holds a Bachelor of Science in Instrumentation Engineering from Southeast University in China, and a Masters of Business Administration from the MIT Sloan School of Management.

Jason Auerbach is the Global Co-Head of Investment Banking and Global Head of Tech Investment Banking at SVB Securities. In this role, he leads the firm’s technology investment banking strategy and initiatives. With more than 25 years of experience, he has built extensive relationships and is widely known as one of the most prolific bankers in tech, particularly in software and related sectors. Leading the Tech Investment Banking team at SVB Securities, he has worked on numerous completed transactions, including Noregon Systems’ sale to The Hearst Corporation, PassFort’s sale to Moody’s, and Evergreen Coast Capital’s acquisition of DreamBox Learning.

Jason joined the firm in 2021 from UBS where he was the Global Co-Head of TMT Investment Banking and on the firm’s Global Management Committee.  While at UBS, he worked on many transactions including, but not limited to, the sale of Ellucian to Blackstone & Vista;  the sale of CAMP Systems to Hearst;  the sale of Innovyze to Autodesk;  the sale of Precisely to Clearlake & TA Associates;  the sale of Turnitin to Advance Publications;  the sale of Ensono to KKR. Prior to this, Jason was the Global Co-Head of TMT Mergers & Acquisitions for Jefferies LLC.

He earned his Bachelor of Arts from Columbia College at Columbia University, and his Masters of Business Administration from Harvard Business School.

Cara Pellicano is a Managing Director and Business Manager of Tech Investment Banking at SVB Securities.

Since joining the firm in 2021, Ms. Pellicano has been responsible for business operations of the Tech Investment Banking franchise including strategic planning, financial and business reporting and analytics, people management and recruiting.

Prior to SVB Securities, Ms. Pellicano was at Jefferies where she most recently was COO, Global Healthcare Investment Banking since 2018. Prior to this, Ms. Pellicano was the CFO of Eurasia Group, a geopolitical consulting and advisory firm, for 9 years and at Neuberger Berman in wealth asset management for 6 years.

Ms. Pellicano earned her B.A. in from Georgetown University and her MBA from NYU Stern School of Business.