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.

DON'T MISS OUT! Meet new and diverse managers in private equity, venture capital and real estate at the third Emerging Manager Connect East at New York City's Harvard Club. CLICK HERE FOR DETAILS!