Early-stage investment firm Trinity Ventures is 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.
Matrix Partners just announced the close of Matrix X, the venture firm’s tenth early-stage technology-focused fund. As Fortune’s Dan Primack reported in a scoop in April, the firm raised $450 million for this fund.
The fund will be used to make early-stage investments in consumer Internet, mobile, enterprise software and IT infrastructure.
Hey, remember that $325 million fund we said Trinity Ventures was raising last week?
Sutter Hill Ventures Greg Sands has left the firm to launch a $100 million fund to invest in early stage, cloud services for businesses and consumers that leverage data and analytics. Costanoa Venture Capital is launching with ten initial investments. Overall, investments in portfolio companies will range from $500,000 to $3 million.
The mission is to help provide early stage entrepreneurs with a
Foundation Capital is announcing its seventh fund, Foundation Capital Fund VII. The VC firm has raised $282 million in new capital, bringing total capital under management to $2.7 billion over 17 years.
Grotech Ventures, the Virginia-based VC firm behind LivingSocial, HelloWallet and others; is announcing the raise of its eighth fund, Grotech Ventures II (“GV II”), with $225 million in committed capital. The firm says the fund was oversubscribed by more than 10 percent, and was raised from both existing and new limited partners.
Today SoftBank Capital, the NY-based venture arm of Japan’s largest wireless provider Softbank Corp., has strengthened its ties to Japan even further, announcing that Yahoo! Japan will be injecting $20 million into SoftBank’s early-stage Technology Fund ’10.
The $20 million investment and partnership will help U.S.
Boston-based VC firm Spark Capital is announcing its fourth fund this evening, raising $450 million for the firm’s biggest investment fund to date. Spark, who raised $360 million for its last fund, now has $1.4 billion under management.
According to an SEC filing, Silicon Valley investor SV Angel has raised a new round of funding for a fund titled, SV Angel-III Growth P.
As we reported in August, SV Angel filed another document with the SEC that indicated the firm was raising another $40 million for a new fund. SV Angel, which was co-founded by angel investors David Lee and Ron Conway, has invested in companies such as Twitter, Z