Wednesday, October 5, 2016

Zetta Raises $100M Venture Fund

San Francisco-based Zetta Venture Partners said on Tuesday that it has closed on its second fund, worth $100M, which is focused on enterprise software. The firm--which is managed by Mark Gorenberg and Ash Fontana--said the new fund brings its total assets under management to $160M. As part of the new fund, Josh James, cofounder of Omniture and founder of Domo, along with Jeff Kearl, the founder of Stance, have both joined as Venture Partners. Zetta said it hopes to invest with 20 companies in the new fund.