Granite Ventures Raises $350M

$350 million venture capital fund will focus on investment opportunities in early-stage communications and software companies

August 29, 2005

1 Min Read

SAN FRANCISCO -- Granite Ventures has closed Granite Ventures II, a $350 million venture capital fund that will focus on investment opportunities in early-stage communications and software companies. Granite will continue the successful investment approach that the group has practiced for the last 13 years. The firm's total capital under management now exceeds $1 billion.

"The strong response we received from leading investors is a testament to the Granite Ventures team and network," said Managing Director Standish O'Grady. "We look forward to investing in great entrepreneurs and helping them build leading technology companies."

The Granite Ventures team has worked together for many years and has a combined 115 years of venture capital investing and technology industry experience. The team's diverse and complementary backgrounds give the firm a strong combination of investment, technology, entrepreneurial, operating, and transactional expertise.

Granite Ventures LLC

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