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Owl Ventures raises $185m

The firm continues to target EdTech startups in second fund

Owl Ventures has closed on $185 million for its second fund, surpassing its original target of $175 million, the firm announced in a press release.

A three-year-old firm based in San Francisco, Owl Ventures invests in education technology startups. The firm previously announced commitments to Lingo Live, Piper, and Tinkergarten out of Owl Ventures II.

The firm raised $100 million for its 2014 debut vehicle. Portfolio companies for Owl Ventures’ first fund include Accelerate Learning, Newsela, and Quizlet.