YL Ventures raises $75 mln third fund


YL Ventures has raised a $75 million third fund, according to a filing with the SEC.

The California firm makes seed investments in Israeli tech companies and was founded by Yoav Leitersdorf. The firm’s previous 2013 fund was $27.5 million, according to data from Thomson Reuters.

The newly raised YLV III received commitments from 45 LPs, the filing said.

The filing is available here.

 

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