Back in December, we’d reported that NextView Ventures, one of few seed-stage venture firms in Boston, was looking to raise at least $50 million for a third fund, per an SEC filing that was processed at the time. Today, the firm says it has closed the fund with exactly that amount in capital commitments.
It’s a slight step up from the firm’s second fund, which closed with $40 million in 2014 and its debut fund with $21 million in 2012.
NextView was founded in 2010 by three former veterans of other venture firms: Dave Beisel, who’d previously worked for Venrock; Rob Go, who was formerly with Spark Capital; and Lee Hower, a former investor with Judith Capital. [ Tech Crunch ]