Morgenthaler Ventures Raises $400 Million

Morgenthaler Ventures has closed its ninth fund with just over $400 million in capital commitments. This is the firm's first dedicated VC fund, and will expand its focus from early-stage to growth-stage (Series B and Series C rounds). Prior funds also invested in buyouts. Morgenthaler also has added Rebecca Lynn as a principal and Guido Appenzeller as an entrepreneur-in-residence. Lynn previously was VP of marketing for NextCard, while Appenzeller is co-founder of Morgenthaler portfolio company Voltage Security.

13 November 2008•5 mins read
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