Private Equity
Growth-stage SaaS investor Blue Cloud Ventures has raised more than $52.5 million toward a $100 million target, according to a regulatory filing. The New York firm raised more than $50 million for Fund II, which was its first institutional fund, in 2016.
1 min read · 16 May 2017
Arbor Ventures is seeking to raise $220 million for its second fund, according to an SEC filing. The firm backs disruptive tech companies in Asia.
1 min read · 16 May 2017
Notion Capital has closed its third venture fund at $140 million. Also, the European venture firm, which is focused on enterprise SaaS and cloud companies, has raised $80 million in the first close of its new growth equity fund. And, the firm has promoted Chrys Chrysanthou and Patrick Norris to partners.
3 min read · 16 May 2017
AngelList, which operates an investment syndicate and helps job seekers find employment at startups, announced today it was launching Angel Funds to help angels start venture funds without the overhead. Venture firm Maiden Lane, an AngelList backer, has committed $35 million to help back angel funds. AngelList co-founder Babak Nivi wrote in a blog post that Angel Funds will provide the infrastructure and capital.
1 min read · 16 May 2017
1 min read · 16 May 2017
3 min read · 15 May 2017
Joe Lonsdale's 8VC has raised $256.8 million toward a $400 million co-investment fund, according to a filing with the SEC.
1 min read · 15 May 2017
Partners Innovation Fund has closed its funding at slightly more than $64 million, according to a regulatory filing. The Cambridge, Massachusetts-based fund is the venture arm of Partners HealthCare, and is led by Carl Berke, Meredith Fisher, Roger Kitterman and Julius Knowles. The fund raised $64.085 million from 13 investors, according to the filing.
1 min read · 15 May 2017
Los Angeles-based Archer Venture Capital has closed its second fund, Archer Venture Capital II, at $80 million, according to a regulatory filing. Two investors committed to the fund. The firm is led by Gregory Martin and John Hadl.
1 min read · 12 May 2017
Afore Capital announced it has closed on $45.875 million in funding, slightly less than its targeted $46 million, according to a regulatory filing. The San Francisco-based firm is led by Anamitra Banerji, formerly a partner at Foundation Capital, and Gaurav Jain, formerly a principal at Founder Collective. The firm announced in August that it was targeting a $40 million fund. To date, 41 investors have committed to the fund.
1 min read · 12 May 2017