San Diego and Palo Alto, CA-based venture capital firm Correlation Ventures has started the raise of its second fund, Correlation Ventures II, L.P.
According to a filing with the SEC, the target amounts to $170m.
Led by partners in David Coats, Trevor Kienzle, Grace Chui-Miller and Anu Pathria, Correlation Ventures leverages analytics to invest across all industry segments, U.S. geographies and investment stages – from seed through late stage.
It has backed companies including AirXpanders, Aldea Pharmaceuticals, AlienVault, Apsalar, CareWell Urgent Care, Crossbar, edo interactive, Galera Therapeutics, Gild, Good Eggs, Ioxus, MOGL, Pley, Retrofit, RQx Pharmaceuticals, SideCar, Telly and Urjanet, among others.
The firm currently has $166m under management.