Blue Cloud Ventures (BCV) has held the final close of its oversubscribed fourth fund, Blue Cloud Ventures IV at USD350 million including co-investment commitments from its LPs.
Blue Cloud Ventures (BCV) has held the final close of its oversubscribed fourth fund, Blue Cloud Ventures IV at USD350 million including co-investment commitments from its LPs.
BCV IV’s investor base includes a mix of fund-of-funds, non-profit foundations, family offices and major corporations across the US, Europe, Middle East and Asia Pacific. In addition, more than 60 tech entrepreneurs, many of them former BCV portfolio CEOs and advisory board members, also invested in BCV IV.
Since its first close, BCV IV has made seven investments in market leading SaaS companies. Current portfolio companies include Arctic Wolf Networks, Go1, Narvar, Nylas, Pax8, Templafy and Trulioo. Across its funds, BCV has invested in 39 companies, of which close to half have attained unicorn status.
BCV seeks to partner with fast growing cloud software companies that have USD5-USD100 million in ARR, and since its first close it has made investments in seven SaaS companies.
