Two Partners Out at Rustic Canyon; Firm's Future Grows Less Clear
It’s no secret that dozens of venture capital firms are fighting for their lives. It may be time to add Rustic Canyon Partners to that list. The Santa Monica, Calif.-based firm began life with a bang, raising $500 million for its debut fund in 1999. It would later raise small vehicles -- including an SBIC fund and a joint fund with Fontis -- and then secured just over $200 million for Rustic Canyon III. That vehicle officially closed in October 2008, though fundraising, and investing, began in early 2007.
13 July 2010•3 mins read
