Floodgate Closes Latest Venture Capital Fund, at $131M

Floodgate, a Palo Alto, CA-based early stage venture capital firm, closed its latest fund, at $131m.

Per an SEC filing, 8 backers participated in the offering of Floodgate Fund VI, L.P..

Led by Mike Maples, JR., Ann Miura Ko, Iris Choi, Arjun Chopra and Ryan Walsh, Floodgate backs business and consumer tech businesses before traditional VCs are ready to invest. Among others, the firm has backed Refinery 29, Twitter, TaskRabbit, Demandforce, Egnyte, Lyft, Adroll, Sparefoot, BaazarVoice, Clearside, etc.



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