Fundraising

Zodius collects $45 mln for second India-focused tech fund

Zodius has raised over $45 million for its second India-centric tech fund, according to a Form D SEC filing. The target is $75 million.

500 Startups closes third fund at $85 mln: WSJ

Mountain View, California-based early-stage venture firm and accelerator 500 Startups has raised $85 million for its third fund, according to a Wall Street Journal report. Founder Dave McClure told the news outlet that the number of the fund's LPs "is approaching 500" and includes Dentsu Inc, Yahoo Japan and Malaysian government-backed venture firm Malaysia Venture Capital Management Berhad. An earlier WSJ article reported that the fund's original target was $100 million.

Trident heightens cyber security focus with dedicated fund, brings on managing director

Trident Capital is heightening its focus on cyber security with a new early-stage fund aimed exclusively at the sector.

Real Ventures eyes horizon with newly raised $89 mln Fund III

Real Ventures has fulfilled an ambition to raise a fund large enough to expand its horizons and take the firm’s technology seed model to new locales. The Montréal-based firm closed its third early-stage fund, Real Ventures III, in August. It raised $89 million in committed capital, GP John Stokes told peHUB Canada, or almost 80 percent more than its predecessor.

Williams, Story launch $50 mln VC fund Hangar Ventures

Jeff Williams and Jason Story have launched Hangar Ventures. Dallas-based Hangar is a $50 million venture fund that will provide early stage funding to technology companies. Williams was the founding partner of firms including KBK Mezzanine Partners, while Story launched Mutual Mobile.

Ascent Venture Partners collects $63.55 mln for sixth fund

Ascent Venture Partners has raised $63.55 million for its sixth fund, according to a FORM D SEC filing. The target is $150 million. Boston-based Ascent Venture Partners backs early-stage emerging tech companies.

Rally Ventures targets $120 mln for second fund

Rally Ventures has launched its second fund, according to a FORM D SEC filing. The target is $120 million. Based in Menlo Park, California and Minnetonka, Minnesota, Rally Ventures invests in early-stage business tech companies.

Cloud Apps raises oversubscribed first fund

San Francisco-based Cloud Apps Capital Partners has closed on $53.7 million for its inaugural fund that it says will exclusively focus on early-stage companies in the cloud business applications sector.

Sigma West rebrands as Jackson Square Ventures

H Capital to raise $500 mln third fund

H Capital has set out to raise a $500 million third venture capital fund, according to a filing with the SEC. A first close has yet to be reported.