Silicon Valley-based venture capital firm Data Collective closed its latest fund, at over $177m.
According to a form filed with the SEC, Data Collective IV, L.P. 40 unnamed investors participated in the offering.
The document lists co-managing partners Matthew Ocko and Zachary Bogue as people related to the fundraise.
Based in San Francisco, and Palo Alto, CA, Data Collective invests in Big Data companies, which capture, store, secure, transmit, transform, and analyze data, which aim to solve hard infrastructure problems in both vertical B2B and consumer markets. To date, the firm has invested in over 100 companies via a model that combines experienced venture capitalists with technology executives and experts (CTOs, CIOs, Chief Scientists, Professors at Stanford and Berkeley) with tenures at top 100 technology companies and research institutions worldwide.
Data Collective’s team also includes Michael Driscoll and James Hardiman.