Ascent Venture Partners Holds First Close of Sixth Fund at $63.55M

Funding Rounds

Summary

Boston, MA-based venture capital firm Ascent Venture Partners held the first close of its sixth fund at $63.55m.According to a regulatory filing with the SEC, the final target of Ascent Venture Partners VI, L.P. is $150m.Led by Luke Burns, Walter Dick, Matt Fates, Brian Girvan, Chris Lynch and Geoff Oblak, Ascent focuses on investing early stage companies in the East Coast with initial investment ranging from $2m to $5m.Areas of interest include Data & Analytics, Shift to the Cloud, Security and Mobility & Communications.Portfolio companies include ScaleBase, Zoominfo, Hubcast, CloudLock, Synovia Solutions, etc.

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Amount $63.6M Total raised
Date September 1, 2015 Announcement date
Investors Ascent Venture Partners Lead investors
Company http://www.ascentvp.com Funded company

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