.406 Ventures overview
Stories about .406 Ventures
.406 Ventures falls short of target for fifth fund
Point 406 Ventures V will invest in companies in the healthcare, data and AI and cybersecurity sectors.
Payments company MineralTree secures $50m
MineralTree in Cambridge, Massachusetts raises $50m from Great Hill Partners, .406 Ventures and Eight Roads Ventures.
.406 Ventures wraps up fourth fund
Boston-based .406 Ventures, a venture firm that invests in early-stage enterprise tech and digital health companies, has closed its fourth fund at $294 million, beating its $225 million target. Also, the firm has promoted Payal Agrawal Divakaran to partner as well as hired Kevin Wang as an associate and Joseph SantaBarbara as controller.
Simon Data fetches $30 mln Series C
Simon Data, an enterprise customer data platform, has raised $30 million in Series C funding. Polaris Partners led the round with participation from.406 Ventures and F-Prime Capital.
GreatHorn takes in $13 mln
Waltham, Massachusetts-based GreatHorn, an email security platform provider, has secured $13 million in funding. The lead investors were RRE Ventures and.406 Ventures.
Edgewise Networks locks in $11 mln
Burlington, Massachusetts-based Edgewise Networks, a microsegmentation platform based on software identity, has secured $11 million in funding. The lead investors were.406 Ventures and Accomplice. Also, Pillar participated in the round.
Corvus nets $10 mln Series A
Boston-based Corvus, an insurtech company, has secured $10 million in Series A funding. The lead backers were.406 Ventures and Hudson Structured. Bain Capital Ventures also participated in the round. In connection with the financing, Graham Brooks, a partner at .406 Ventures, will join the Corvus board of directors.
.406 Ventures contact information
Offices
Independence Wharf 470 Atlantic Avenue, 12th Floor, Boston, 02210, United StatesContacts
| Name | Job title | Location | |
|---|---|---|---|
Key Contact Ms. Payal Agrawal Divakaran | Job titlePartner | LocationBoston, United States | Email  --------- |
| Key ContactMr. Joe SantaBarbara | Job titleChief Financial Officer | LocationBoston, United States | Email ----- |
| Key ContactMr. Kevin Wang | Job titlePrincipal | LocationBoston, United States | Email ------- |
| Mr. Liam Donohue | Job titleCo-Founder and Managing Partner | LocationBoston, United States | Email ----------- |
.406 Ventures funds managed
Funds in market: 1
| Fund | Fund size | Open date | Strategy |
|---|---|---|---|
Fund size ----- | Open dateFeb 2024 | Strategy -------- | |
Closed funds: 8
| Fund | Fund size | Close date | Strategy |
|---|---|---|---|
Fund size ------ | Close dateSep 2024 | Strategy ------ | |
Fund size ------- | Close dateSep 2023 | Strategy ------ | |
Fund size ------ | Close dateDec 2019 | Strategy --------- | |
Stories that mention .406 Ventures
Reveille Venture Capital launches debut fund with $25m target
The New York City-based firm invests in the early-stage rounds of start-ups working on issues ranging from nuclear energy to productivity.
Smaller funds are the new normal
The average fund size dropped to $115m in Q1 2024, its lowest point in about five years, according to new research from Venture Capital Journal.
Tiger loses its roar
Tiger Global, which has roared through the fundraising market for the past 10 years, was only able to muster a meow with its latest fund.
Lynx nets $17.5m
Lynx, an API-connected healthcare payments, banking and e-commerce platform, has raised $17.5 million in equity financing.
KSOC picks up $6m seed
KSOC, an event-driven SaaS platform, has raised $6 million in seed funding.
Promethium snags $26m Series A
Promethium, a next-generation collaborative analytics platform for business users and data teams, has raised $26 million in Series A funding.
Reltio nets $120m
Reltio, a cloud-native, software-as-a-service data platform, has secured $120 million in funding.
How StepStone will integrate Greenspring Associates after the acquisition
As StepStone looks to expand its VC offering by acquiring Greenspring, the combined firm will make investment decisions by way of a joint investment committee.