Greycroft Partners Closes VC Fund at $175M
New York and Los Angeles-based venture capital firm Greycroft Partners has closed its third fund at $175m.
Backers include current investors JP Morgan, BlackRock Private Equity Partners, Fairview Capital, and Invesco Private Capital, as well as nel limited partners Hall Capital, Hamilton Lane, Greenspring Associates, and Cambridge Associates.
Greycroft III will focus on B2B and B2C Internet and mobile companies with an emphasis on smaller Series A rounds in capital efficient businesses.
The fund will be led by Alan Patricof, Dana Settle and Ian Sigalow, who will be joined by venture partners Bo Peabody, Alan Gould, and Paul Bricault.