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March 2, 2017 07:01 pm GMT
Floodgate, a Palo Alto, Ca.-based early stage venture capital firm, has raised $131 million for its sixth fund, according to anSEC filingthat shows the 11-year-old firm turned to just eight investors for the capital commitments. Though small by today’s fundraising standards, the fund reflects a bit of a departure for the firm, whose fifth fund closed with $76 million in 2014. (Its… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/YZQP_JQkCrA/
Floodgate closes sixth fund with $131 million
Floodgate, a Palo Alto, Ca.-based early stage venture capital firm, has raised $131 million for its sixth fund, according to anSEC filingthat shows the 11-year-old firm turned to just eight investors for the capital commitments. Though small by today’s fundraising standards, the fund reflects a bit of a departure for the firm, whose fifth fund closed with $76 million in 2014. (Its… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/YZQP_JQkCrA/
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