Tuesday, February 2, 2016

Susa Ventures Seeks $50M For Second Fund

Susa Ventures, an early stage investment firm which has an office in Los Angeles, is looking to raised a $50M, second fund, Susa Venture II, according to a recent regulatory filing. Details on the fundraising effort have not been announced by the company. The fund targets investments in early stage companies focused on data, analytics, and related tools. The new fund lists Seth Berman, Chad Byers, and Leo Polovets as Managing Members. Eva Ho, formerly an executive at Factual, Google/YouTube, and Applied Semantics, was a General Partner of the firm's prior fund, Susa Ventures, which had been targeted at $25M.