500 Startups Closes Second Fund at $44.1M

Dave McClure‘s 500 Startups closed its second fund at approximately $44.1m.

Two recent filings with the S.E.C. unveiled 500 Startups II, L.P., which raised $32.7m from 87 investors, and 500 Startups II-A, L.P., which raised $11.2m from 85 backers.

Located in Mountain View, CA, 500 Startups is an early-stage seed fund and incubator program which invests in search/social/mobile platforms, and financial services, e-commerce, personal & business productivity, education & language, family & healthcare and web infrastructure startups.
Initial investments typically amount up to $250K.
The firm’s popular accelerator brings to Silicon Valley startups from any continent providing them with funding, world-class mentors and designers in residence, and a creative workspace.



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