San Francisco based early-stage venture capital firm Blumberg Capital has closed USD 150 Mn in its third fund dedicated to seed and early stage investing in disruptive technology start-ups. The firm invests in companies across enterprise software, digital and social media, mobile and consumer internet.
Blumberg Capital specializes in leading Seed and Series A rounds in syndication with angels, venture capital firms and strategic investors. Its typical investments range from USD 500,000 to USD 3 Mn and reserve additional amounts for follow-on investments.
A few of its recent investments include Appyboy, mobile ad management startup LiquidM, content analytics and optimization platform Parse.ly. It also an investor in Hootsuite and as per the company, its initial investment in HootSuite reaped a 52x return. The company has recently also invested in Indian entrepreneur founded travel planning service Mygola.
Blumberg Capital is headquartered in San Francisco with an office in Tel Aviv. It had earlier raised USD 90 Mn in its Fund II.
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