Early-stage investment firm Trinity Ventures is raising a $325 million fund, according to a filing with the Securities and Exchange Commission.
The firm was founded in 1986 and says it makes seed and early-stage deals on companies in cloud and mobile infrastructure, digital media, software as a service, social commerce, and entertainment. This is Trinity’s 11th fund. When it last raised $300 million in 2009, general partner Fred Wang said the firm didn’t raise a bigger fund so that it could “continue our strategy of investing selectively in capital-efficient, early stage companies and our commitment to being accessible and responsive board members.”
Past investments include Aruba Networks, Blue Nile, Extreme Networks, Loopnet, Starbucks, and Wall Data, which have all gone public. More recent additions to the portfolio include children’s clothing marketplace One Jackson and DotLoop, a startup offering online tools for real estate negotiation.
A Trinity spokesperson declined to comment on the filing.
Founded in 1986, Trinity Ventures is an early stage venture capital firm dedicated to partnering with passionate entrepreneurs to transform revolutionary ideas into reality. With over $1 billion under management, Trinity Ventures believes in personal engagement, mutual respect and goal alignment with the entrepreneurs. Trinity focuses on early stage and seed technology investments with particular emphasis on social commerce and entertainment, digital media, Saas, and cloud and infrastructure. Trinity Ventures has invested in such leading companies as Aruba Networks,...