Ascent Venture Partners, a Boston, MA-based venture capital firm, raised $71m in the first close of its sixth fund.
According to a regulatory form filed with the SEC, Ascent Venture Partners VI, L.P. has a final target of Ascent Venture Partners VI, L.P. has been fixed at $150m.
Twenty four investors already have participated in the offering.
The doc lists general partners Luke Burns, Christopher W. Dick, Matt Fates, Brian J. Girvan and Geoffrey S. Oblak as people related to the offering.
Founded in 1985, Ascent Venture Partners has invested in more than 100 early-stage, emerging technology companies in such areas as Data & Analytics, Cloud Innovation, Cybersecurity, Mobile First and IoT, with the investment team managing six venture funds with total commitments of more than $500m.
The portfolio includes Cargometrics, Sidecar, Timetrade, Cloudlock, Genband, among many others.