Felicis Ventures, a Palo Alto, CA-based venture capital firm, raised $96m for its fourth fund.
It aims to back companies with a focus on reinvention of core markets, such as security and mobile infrastructure, as well as development of frontier areas, including machine learning and personalized medicine.
With this fund, the team intends to lead more sizeable financing rounds.
Founded in 2006 by Aydin Senkut, Felicis has backed over 120 technology companies, 50 of which have been acquired or gone public. Its current portfolio spans a variety of sectors and includes startups headquartered in ten countries. Portfolio companies include Adyen, Bonobos, ClearSlide, Counsyl, Fitbit, Rovio and Shopify.
FinSMEs
07/08/2014