*NEWS: Upfront Ventures Plans New $250M Fund, Upfront Growth III
This article is from SocalTech, with whom OCSN has a partnership with:
Santa Monica-based Upfront Ventures has launched an effort to raise a new fund, worth $250M, according to a regulatory filing by the firm.
According to that filing, Upfront’s new fund, Upfront Growth III, L.P., does not yet have any committed investors.
It’s led by Mark Suster and Yves Sisteron.
Upfront has not detailed any information about the fund, as is usual for venture investors.
Upfront has invested in Cloudvirga, a mortgage software developer with HQ in Irvine. See related story here.