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