According to a post by Satish Dharmaraj, Menlo Park, Calif.-based venture capital firm Redpoint Ventures closed its sixth fund at $400m.
The fund will focus on investing in seed, Series A and Seris B rounds of consumer and enterprise companies. In particular, it is interested in companies providing new distribution platforms, media and media distribution business, infrastructure technologies for data processing, and companies focused on enterprise, cloud and mobile.
Founded in 1999, the firm has invested in industry defining companies like Stripe, Sonos, Twilio, PureStorage, HomeAway, NextDoor, RelateIQ, Zendesk, 2U, Qihoo 360, Kabam, Beepi and Luxe, among others.
In total, Redpoint manages $3.8 billion with 434 companies funded and 136 IPOs and M&As.
Have a look at the portfolio here.
FinSMEs
14/05/2015