Rally Ventures Closes Fund IV, At $250M
Rally Ventures, a Menlo Park, CA- and Minneapolis, MI-based technology venture capital firm, closed Rally IV, at $250m. The fund – which brings the firm’s total committed capital raised since inception to nearly $600m – invests in Seed and Series A companies bringing innovative approaches to enterprise technology. Areas of focus will include cloud infrastructure, fintech, SaaS+ and security. Founded in 2012 by Charles Beeler and Jeff Hinck, who have co-invested together for over 20 years, and also led by Justin Kaufenberg, Rally Ventures invests exclusively in early-stage business...
Source: finsmes.com