K9 Sinking Teeth into More SF Investments with Bigger Fund
July 27, 2012
In its second go at raising capital, K9 Ventures has blown its debut fund out of the water, raising well over $30 million more for its second fund. The firm's first micro-VC fund closed on $6.25 million in 2009, while the second fund rings in at a healthy $40 million in committed capital. The new fund allows K9 to put down $250,000 to $750,000 as an initial investment and enables them to potentially lead seed rounds. K9 focuses on technology startups in the Bay Area. Narrow? Not really.