Tenaya Capital Closes Fund at $372M
Tenaya Capital, a venture capital firm that invests in high-growth technology companies, has closed its new fund, at $372m.
Tenaya Capital VI focuses on investing across technology sectors, including enterprise software, consumer Internet, IT infrastructure, communications and electronics.
It will make earlier or later-stage investments of $5 – 10m, with the goal of $10 – 15m over the life of a portfolio company.
Founded as Lehman Brothers Venture Partners, Tenaya Capital became an independent company in 2009. The firm is led by Managing Director Tom Banahan and has offices in Woodside, California, and Wellesley, Massachusetts.