Costanoa Venture Capital Raises $100M Fund

Palo Alto-based Costanoa Venture Capital, a new venture capital fund founded by Greg Sands, said today that it has raised a $100M, early stage venture capital fund. The firm said it will invest in early stage, cloud-based services for businesses and consumers. Costanoa said that its target will be on Series A and seed investments ranging from $500,000 to $3M. The firm said it currently has investments in Datalogix, DemandBase, Guardian Analytics, Inflection, Intacct, iSocket, Lex Machina, LinkSmart, Return Path, and Risk I/O. More information »