Naya Announces First Close On $50M Early Stage Fund

Naya Ventures said it completed a first close on its $50 million maiden fund. The early stage venture capital fund, which will focus on the mobile and cloud markets, has already made seven investments, says Dayakar Puskoor, a managing director. All the companies are in the United States. Puskoor says he anticipates investments from the fund of $250,000 to $3 million per company. Naya has its headquarters in Dallas and offices in Silicon Valley, Seattle and Hyderabad.

6 December 2012•4 mins read
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