SoftTech VC Closes $85M Venture Capital Fund

Funding Rounds

Summary

The firm will also continue to invest in Digital Health, EdTech, and New Platforms (drones, bitcoin/blockchain, glasses/virtual reality).Fund IV aims to take larger stakes in portfolio companies and make follow-on investments in subsequent rounds.Geographically, they intend to commit the majority of the capital in San Francisco/Silicon Valley, with New York, Boulder, Southern California, and Toronto-Waterloo forming the balance.Led by Jeff Clavier, founder and managing partner, Charles Hudson, Partner, and Stephanie Palmeri, Principal, SoftTech VC is one of the most established micro VCs in Silicon Valley, with $155m under management.SoftTech VC IV has already invested in DocSend, Panorama Education, Halo Neuroscience, Niche, Stitch, Soldsie and Sapho.

$ Funding

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Amount $85.0M Total raised
Date June 30, 2014 Announcement date
Investors SoftTech VC Lead investors
Company softtech.de Funded company

Classifications

industries
No industries detected
applications
Engineering & Scientific

AskAI Classifications

Labels
Construction Software CAD Software BIM Software

Linked Companies

SOFTTECH GmbH
$1M to $5M