K9 Sinking Teeth into More SF Investments with Bigger Fund
July 27, 2012
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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.
