Friday, July 8, 2016

Sienna Ventures Raises $100M Venture Fund

Sausalito-based Sienna Ventures announced this morning that it has launched a new, $100M venture fund, which it says it will invest in mid-sized, "capital efficient" companies. The company said the new fund will target companies with a minimum of $10M in revenues, in the areas of software, medical technology, wireless communications, Internet infrastructure, cloud computing, ecommerce and networking. Sienna Ventures is managed by Alan Armstrong, Chris Lancey, James Bernard, S. David Smith, and Gary Hawkins.