Blumberg Raises Fund Target To $90M

Blumberg Capital Ventures has increased the total of its Blumberg Capital II to $90 million.

Blumberg Capital Ventures has increased the total of its Blumberg Capital II to $90 million, Private Equity Hub reports. The California-based firm’s new investment in the fund is from its current limited investors. The new investment represents a 37% increase from the initial amount it raised. Blumberg Capital’s fund, which invests in early stage digital and social media companies, has invested in firms, such as DoubleVerify, HootSuite, CarWoo and Nutanix.

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