Artiman Ventures, a Palo Alto, Calif. venture capital firm has finished raising its second venture capital fund, totaling $185 million, according to VentureWire (sub required).
Nearly 20 institutional investors contributed capital, according to the report, including the University of Texas Investment Management Co., funds of funds Northgate Capital and Fairview Capital Partners, and the corporate pension plans of BellSouth, Corning and Boeing.
It wasn’t immediately clear to us, however, whether the firm has scored any hits yet.
One Comment
-
Anonymous said:
Artiman Ventures is won of the worst third teir venture captials in the silicon valley. They have not hits because they are terrible at what they do. On top of that everybody that has had the unfortunate experience of working with them will find that they are arrogant and unethical. They were trying to raise much more money than the $185 Million, but becuase they did so poorly in their first round of raising money, they only end up with $185. So that’s the word on the street.
-cheers
