Aligned Partners, a Menlo Park, California-based early-stage venture capital firm, closed its second fund at $50m.
Aligned Partners Fund II will focus on investing in startups following a capital-efficient model that aligns the interests of investors and entrepreneurs by providing a level of investment that does not over-burden companies.
Led by Susan Mason and Jodi Sherman Jahic, Aligned Partners will continue targeting enterprise-oriented technology companies with initial customer traction seeking $1m to $3m dollars in an initial round and less than $10m in total investment prior to exit.
Aligned Partners Fund I invested in innovative companies including SA Ignite, the provider of Pay-for-Performance solutions for Electronic Health Record (EHR) usage, Zumigo, which addresses fraud protection in the financial services sector, and Vorstack, a threat intelligence platform for enterprise security.
Fund II will invest in similar companies, with an emphasis on startups that add value to business enterprises through mobile and cloud computing solutions.
FinSMEs
05/02/2015