Amplify Partners, a Palo Alto, CA-based venture capital firm exclusively focused on Infrastructure 2.0 technology, closed its first fund, at $49.1m.
The fund will continue to invest in technical entrepreneurs looking to redefine IT infrastructure. It focuses on initial investments ranging from $50k to $1.5m and looks to support its entrepreneurs through multiple rounds of funding.
Launched in 2013 by Managing Partner Sunil Dhaliwal (read here), Amplify Partners has already invested in AppNeta, BlueData, Chef, Conjur, Continuuity, Datadog, Fastly, Keen.io and WibiData as well as a number of startups still in stealth mode.
The firm recently appointed entrepreneur and investor David Beyer as Principal.
Among others, SAP Ventures is a limited partner in the fund.