Geodesic Capital, a San Francisco, CA- and Tokyo, Japan-based independent growth stage venture capital firm investing in U.S.-based consumer and enterprise technology companies, closed its first fund, at $335m.
Limited Partners in Geodesic Capital Fund I include Mitsubishi Corporation, Sumitomo Mitsui Banking Corporation, Mitsubishi Heavy Industries, The Bank of Tokyo-Mitsubishi UFJ Ltd, Mitsubishi UFJ Trust and Banking Corporation, Sompo Japan Nipponkoa Insurance Inc., Nikon Corporation, Development Bank of Japan Inc. and The Toho Bank, Ltd.
The fund has already made a number of investments, including:
– Tanium, a software product that gives large enterprises and government organizations the toold to secure, control and manage millions of endpoints across enterprises within seconds;
Instart Logic, an end-point aware application delivery solution that makes applications fast and secure to operate; and
– 21 Inc., which sells the 21 Bitcoin Computer, the first computer with native hardware and software support for the Bitcoin protocol.
Led by founders by John V. Roos and Ashvin Bachireddy, and newly appointed partner Nate Mitchell, Geodesic Capital focuses on investing in U.S.-based entrepreneurs building transformative growth stage technology companies and expanding globally into key markets in Asia, starting with Japan. The firm assists backed companies in finding employees, customers, partners and developing go-to-market strategies.
In addition to the close of the fund, the firm has also announced:
– the opening of Geodesic Japan GK. Led by Marcus Otsuji, it will provide Japan market entry and growth support for Geodesic Capital portfolio companies in Japan with the support of Mitsubishi Corporation.
– the appointment of James Kondo named as Senior Advisor.