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.

ATTENTION, FUNDRAISERS. Don't miss our 10th annual PartnerConnect West on Oct. 9-11 in beautiful Half Moon Bay, California. More than 400 PE, VC and real estate GPs, LPs and service providers are expected to attend for fundraising, deal-making and golf. CLICK HERE FOR DETAILS!