Vertex Ventures US Closes Third Fund, at $200M
Summary
The fund will lead or co-lead Seed and Series A investments in SaaS and infrastructure software startups. Bhadra joined the firm in 2017 and has led early investments in companies such as Tulip and Hasura, both of which announced $100M Series C rounds in 2021. Rhee and Heiliger are Silicon Valley veterans who reunited in 2015 to form VVUS following stints at Accel Partners and Sequoia Capital, respectively. Before turning to venture capital, the duo were founders and senior operating executives at Opsware, Kiva Software, Couchbase, Global Crossing, and Facebook. Finally, the firm launched its VVUS Fellows program to provide counsel to founders on functional domains such as growth, finance, communications and HR.
Funding
Amount
$200.0M
Total raised
Date
September 27, 2022
Announcement date
Investors
Vertex Ventures
Lead investors
Company
-
Funded company
Classifications
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