Cervin Ventures, a Palo Alto, CA-based early-stage venture capital firm, closed $162m in new capital.
The firm will use the capital to invest in Seed and Series A startups specializing in enterprise software, data and AI, cybersecurity, DevOps, cloud, and networking.
Led by Neeraj Gupta, and Preetish Nijhawan, Cervin has invested in more than 50 companies in the United States, Israel, and India. To accelerate growth among portfolio companies, the firm is introducing a portfolio services team led by Scott Brown, who most recently led marketing at Hum Capital and Sapphire Ventures. During the latest year, Cervin has increased its investment coverage with infrastructure and developer stacks-focused partner Daniel Karp, and added investments in 10+ new companies including Bolster, Causely, FireCompass, Lightlytics, OwnID, Ratio, and Vendelux.
With over $335M in assets under management, the firm partners with disciplined entrepreneurs building tools, applications and infrastructure products to address massive, fast-growing markets. So far, Cervin has invested in more than 50 companies with more than a dozen exits from companies such as Punchh, Replay, EdCast and Tynker.
FinSMEs
15/09/2023