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October 6, 2012 02:35 am GMT

Trinity Ventures Is Raising A New $325M Fund

trinity ventures logoEarly-stage investment firmTrinity Venturesis raising a $325 million fund, according to a filing with the Securities and Exchange Commission.The firm was founded in 1986, and says it makes seed and early-stage deals on companies in cloud and mobile infrastructure, digital media, software as a service, social commerce, and entertainment. This is Trinity's eleventh fund. When it lastraised $300 millionin 2009, general partner Fred Wang said the firm didn't raise a bigger fund so that it could "continue our strategy of investing selectively in capital-efficient, early stage companies and our commitment to being accessible and responsive board members."

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