Wednesday, July 8, 2015

Costanoa Venture Capital Raises $135M, Second Venture Capital Fund

Palo Alto-based early stage investor Costanoa Venture Capital said Tuesday that it has raised a second fund, worth $135M. The investor--which says it focuses on cloud-based services leveraging data and analytics--says the new fund brings its total to $325M under management. Costanoa said the new fund has already invested in four companies, including Alation, Apptimize, Bugcrowd, and Directly. Costanoa was founded by Greg Sands. Names or details on the LPs in the new fund were not announced by the fund.