SHARING AMERICA'S TECH NEWS FROM THE VALLEY TO THE ALLEY
by Rich Scherr, courtesy dmwmedia
Revolution Ventures, the early-stage venture capital firm created by AOL co-founder Steve Case, has filed with the Securities and Exchange Commission (SEC) to raise $150 million for a new investment fund. VentureWire reported that the fund, known as Revolution Ventures II, already has attracted roughly $125 million in commitments, according to a person familiar with the matter. The firm typically invests up to $10 million in tech startups. Case leads Revolution, with Tige Savage and David Golden serving as managing partners.