Peak Ventures Closes Third Fund, at $75M; Rebrands as Album VC

album vcPeak Ventures, a Lehi, Utah-based venture capital firm, closed its third fund, at $75m.

The firm also announced its rebranding as Album VC.

Led by Sid Krommenhoek, John Mayfield, and Diogo Myrrha, Album VC invests in early-stage technology companies. The firm, which has invested in 26 companies with the first fund and 20 with the second vehicle, plans to back a smaller number of startups through the third fund.

Album VC’s post about the rebrand on the firm’s site here.

FinSMEs

25/10/2019

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