"The unprecedented macro events of 2020 did not deter the overall VC industry, which reached another banner year across the venture cycle."
The year 2020 was a banner year for venture fundraising and it doesn't appear to be slowing down. But most capital went towards bigger firms, harming efforts by women and founders of color to gain a toehold in the industry. Senior Reporter Ben Bergman has the story.
The Santa Monica-based firm closed its third fund, a $450 million vehicle to double down on enterprise software companies in artificial intelligence, industrial technology, cybersecurity, financial technology and cloud infrastructure. Read more>>