Liquid 2 Ventures, a San Francisco, CA-based early stage venture capital firm, held a $37.67m close of its second fund.
According to a regulatory form filed with the SEC, Liquid 2 Ventures Fund II, L.P., has been supported by 59 investors towards a target of $50m.
The person related with the offering is legendary American football quarterback Joe Montana, who is the general partner with the firm along with Mike Miller and Michael Ma.
Miller is Founder of Cloudant, which was acquired by IBM Cloud Data Services in 2014 while Ma is the founder of TalkBin, which was acquired by Google.
Founded in 2015, L2V is a seed stage venture capital firm “built for the post-cloud, post-mobile, post-accelerator world of technology startups“. According to AngelList, the firm has invested in over 60 startups at the very beginning stage.