Friday, September 15, 2017

Costanoa Ventures Raises $175M In Third Fund

Palo Alto-based Costanoa Ventures, a venture capital firm which focuses on early-stage, enterprise technology startups, said on Thursday that it has raised $175M in its third fund. The company said its Fund III brings its total under management to more than $500M. Costanoa, led by Greg Sands, focuses on B2B infrastructure and software. The company's current portfolio includes Alation, Bugcrowd, and Demandbase, among others. Names of the company's Limited Partners were not announced, however, Costanoa said it was able to add new LPs to the new fund.