DCVC expands previously closed funds
Data Collective, which invests in big data, AI technology and IT infrastructure, announced it has topped off its previously closed sixth and fifth funds to a new total of $387 million. Its fifth fund makes early-stage investments, while its sixth fund is an opportunity fund designed to make larger follow-on bets in its portfolio companies. The firm, which has offices in Palo Alto, California, and San Francisco, said in a blog post from Managing Partners Zachary Bogue and Matthew Ocko, that it originally raised and closed these funds in less than 90 days at the beginning of 2016.
13 March 2017•1 min read
