January 15, 2008 - 11:31am — Adam Kalsey
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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