New York City-based venture capital firm Vine Ventures has closed its second fund, Fund II, with total commitments of $140 million from a raft of investors including Tiger Global Management, Goldman Sachs, General Atlantic, and Blackstone, according to a report by CTech.
The founders of Carta, Shutterstock, and Hippo are also all among the investors in the new fund which will focus on investments of between $1 million and $10 million in B2B companies in the cloud, cybersecurity, AI, data, and fintech sectors.
Fundraising for Fund II brings Vine Ventures’ total AUM to $243 million.
