Velocity Venture raises $15 million fund

By Adam Kalsey on January 15, 2008 - 12:31pm
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Folsom’s Velocity Venture Capital has raised a second fund of $15 million to invest in early stage Sacramento-area companies. Velocity’s current investments include Revionics, KeyEye Communications, and their latest investment, Freepath.

VentureBeat reports that this fund will be used to make regional investments ranging from $100,000 to $3.5 million.

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