VantagePoint making big bets

If you’re not reaching, engaging, and monetizing customers on mobile, you’re likely losing them to someone else. Register now for the 8th annual MobileBeat, July 13-14, where the best and brightest will be exploring the latest strategies and tactics in the mobile space.

vantagepoint.gifSilicon Valley venture capital firm VantagePoint Venture Partners has made some big bets recently, as venture bets go. The latest was announced today: a $75 million lead financing of Santa Clara’s Entrisphere, a network equipment supplier. The round included eight other investors, several in Silicon Valley.

The firm defines itself as “multi-stage,” meaning it doesn’t shy away from investing in bigger, later-stage companies, so this isn’t out of character. Last month, the San Bruno firm injected $60 million into Datran Media, an online marketing company.

Here’s more on Entrisphere. And alarm:clock calls it high stakes poker.