Velocity Venture Capital closes $15M Sacramento-area fund
The $15 million fund, aimed at seed and early-stage investments near Sacramento, Calif., about a two hour drive from Silicon Valley, will be Velocity Venture Capital’s second. The firm says it typically makes placements ranging from $100,000 to $3.5 million.
Investments from Velocity’s first find include Freepath, a company working in the presentations market a la PowerPoint; Marquiss Wind Power, a maker of commercial wind turbines; and Razor Audio Solutions, an entertainment company. In all, the… Continue Reading