Revel Partners raises $20.6 mln toward $50 mln second fund


Revel Partners has raised $20.64 million of a targeted $50 million second fund, according to a filing with the SEC. The New York-based firm is led by Chris Young, Joseph Apprendi and John Vincent, and makes early-stage investments in enterprise SaaS companies, according to its website. Thus far, 21 investors have committed to Revel Venture Fund II.

FUNDRAISERS: Don't miss PartnerConnect Southwest on Dec. 4-6 in beautiful Austin, Texas. CLICK HERE FOR DETAILS!