Tuesday, January 14, 2014
ff Venture Capital Raises $52M Across Two Funds, With One Focused On New York State
ff Venture Capital announced in a blog post this morning that it has closed its third fund ? or rather, two funds, ff Rose and its "sister fund" ff Rose Innovate. The firm had been open about the fact that it was raising a fund, thanks to new SEC rules. Together, the funds total $52 million, a little bit more than the $50 million that ffvc said it was planning. Investors in the funds include New York State?s Empire State Development, Goldman Sachs, the New Jersey Economic Development Authority, and limited partners who had backed the firm previously.