Tallwave Capital's seed fund raises $13.15 mln

Tallwave Capital has closed its first fund at $13.15 million. Tallwave Commercialization Fund I, a seed fund focused on the technology sector, will seek to make seed investments of $125K - $400K in early-stage differentiated consumer and enterprise focused businesses in most industry vertical markets. Scottsdale, Ariz.-based Tallwave is an early-stage investment firm that targets Software-as-a-Service (SaaS) platforms, mobile applications, digital media, ad tech and ecommerce platforms across North America.

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