Ascent Venture Partners Holds First Close of Sixth Fund at $63.55M

ascentlogoBoston, MA-based venture capital firm Ascent Venture Partners held the first close of its sixth fund at $63.55m.

According to a regulatory filing with the SEC, the final target of Ascent Venture Partners VI, L.P. is $150m.

20 backers have already participated in the offering.

Led by Luke Burns, Walter Dick, Matt Fates, Brian Girvan, Chris Lynch and Geoff Oblak, Ascent focuses on investing early stage companies in the East Coast with initial investment ranging from $2m to $5m. Areas of interest include Data & Analytics, Shift to the Cloud, Security and Mobility & Communications.

Portfolio companies include ScaleBase, Zoominfo, Hubcast, CloudLock, Synovia Solutions, etc.




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