Merus Capital Closes over $50m For Two Funds
Summary
Palo Alto, California venture capital firm Merus Capital closed over $50m in new commitments across two new funds.Merus Capital II and Merus Capital Opportunity Fund will continue to invest in early-stage iEnterprise companies.Founded in 2008 and led by Sean Dempsey, Partner, Merus Capital focuses on what it calls iEnterprise startups, which build hybrid platforms: enterprise-class software coupled with a consumer grade user experience.Investment include AdRoll, Authentic8, Chai Labs (acquired by Facebook), IO Turbine (acquired by Fusion i-o), Perzo, and Runa (acquired by Staples).FinSMEs 25/04/2014
Funding
Amount
$50.0M
Total raised
Date
April 25, 2014
Announcement date
Investors
Merus Capital
Lead investors
Company
http://www.meruscap.com
Funded company
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