Floodgate closes sixth fund with $131 million
March 2, 2017 | Uncategorized
Floodgate, a Palo Alto, Ca.-based early stage venture capital firm, has raised $131 million for its sixth fund, according to an SEC filing that shows the 11-year-old firm turned to just eight investors for the capital commitments. Though small by today’s fundraising standards, the fund reflects a bit of a departure for the firm, whose fifth fund closed with $76 million in 2014. (Its… Read More