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SaaStr raises $17.8m

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SaaStr has raised $17.8 million to date for its SaaStr Opportunity Fund I, according to a SEC filing. The Palo Alto-headquartered firm has set a $20 million target and began fundraising in 2017. The SEC filing did not disclose whether the capital raise constituted a final or interim close.

The fund will target venture capital opportunities in technology, media, and telecommunications sectors in North America.