Evolution Equity Partners Holds First Close of Growth Stage Fund, at $70M

Zurich, Switzerland- and New York-based Evolution Equity Partners held the first close of its first growth stage fund, at $70m.

The Evolution Technology Fund L.P., which has a final target of $125m, focuses on investing in cybersecurity and next generation enterprise software and services in the U.S. and Europe.

The fund has already invested in SecurityScorecard (read here) and Onapsis (read here).

Founded by Richard Seewald, Dennis Smith, J.R. Smith, and Karel Obluk, Evolution Equity Partners is an international growth stage technology investor with a focus on Information Security, Enterprise Software and Consumer/Enterprise crossover opportunities.




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