Investment firm Felicis Ventures announced today that it has raised $70 million for a new fund, its third and largest to date since 2006.
Felicis has previously invested in a number of high-profile startups making waves in the tech industry today, including Angry Birds-maker Rovio, Shopify, Wildfire, Inkling and others. Many of its startup investments have also gone on to make successful exits, with the most recent being Facebook’s purchase of mobile gifting app Karma in May.
As for the latest fund, the firm said it plans to continue investing invest more category-leading companies as well as new areas of potential growth in 3D imaging, bio-informatics, and connected devices at home. To do so, Felicis is adding two new partners to its ranks: Renata Streit Quintini, who will focus on e-commerce and education investments; and Sundeep Peechu, who will focus on mobile, enterprise, and health investments.
“The top one-fourth of our companies are on track to generate an aggregate $800 million in annualized sales this year — our portfolio companies are not just leading with innovative technologies but they’re also building solid businesses,” said Felicis Ventures founder Aydin Senkut in a statement.
(Disclosure: Senkut is an investor in VentureBeat.)
Felicis commissioned an infographic outlining its past successes, which we’ve embedded below. (Click image to enlarge.)
Top image via Iaroslav Neliubov / Shutterstock