Data Collective collects $177.5 mln for fourth fund


Big data investor Data Collective has raised $177.45 million in commitments for its fourth fund, according to a regulatory filing. The fund is about 20 percent larger than its third fund, which raised $148.4 million and closed in 2014, according to Thomson Reuters. The fourth fund was initially targeted at $155 million, according to a regulatory filing from March.

Separately, the firm is seeking $125 million for its second opportunity fund to back growth-stage companies, called DCVC Opportunity Fund II LP.

The firm, which has offices in San Francisco and Palo Alto, California, is led by Zachary Bogue and Matt Ocko. Portfolio companies include Heavybit Industries, Planet Labs and Space Monkey, among others.

Fundraising? Don’t miss our 29th annual PartnerConnect East conference in Boston on March 21-23. This event is packed with more than 200 LPs and 300 fund managers. Click HERE

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