Wing Venture Partners Launch with $111M

Venture capital investors Gaurav Garg and Peter Wagner launched a new Silicon Valley firm with $111m.

Wing Venture Partners will focus on backing early stage business technology companies in Cloud, Mobile and Data. The fund will typically invest in the range of $8 to $10m over the life of a portfolio company also making smaller, even earlier stage seed investments.

Current portfolio companies include Cumulus Networks, CloudPhysics, Instart Logic, Platfora, Shape Security, FireEye, Mobile Iron and Nimble Storage.

Gaurav Garg was a Venture Partner at Sequoia Capital for ten years while Peter Wagner was previously Managing Partner at Accel Partners. Beyond them, sponsors of the fund include universities and foundations.

FinSMEs

04/07/2013

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