March Capital Partners Closes Second Fund, at $300M

Funding Rounds

▤ Summary

With support from both existing and new investors, Fund II continues to build on the success of the firm’s inaugural $240m fund, focused on key industries where market conditions have accelerated adoption, such as: Fund II investments already include Xage Security, ioTium, Descartes Labs, Forter, Astound, and Decision Engines. Led by Founders Jamie Montgomery, Sumant Mandal, Jim Armstrong, and Gregory Milken, March Capital Partners is also expanding its team, naming two new partners: – Jed Leidheiser, promoted from Vice President at March Capital. The firm’s portfolio also includes cybersecurity firm CrowdStrike, Cloud-Delivered SD-WAN company VeloCloud, recently acquired by VMware, Mumbai-based payments network BillDesk, and others.

$ Funding

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Amount $300.0M Total raised
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Date January 26, 2019 Announcement date
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Investors March Capital Partners Lead investors
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Company https://marchcp.com/ Funded company

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