Defy Partners raises $151 million for inaugural fund

Defy Partners has raised $151 million from 36 investors for its inaugural fund, according to a regulatory filing. The firm was founded by Trae Vassallo, formerly of Kleiner Perkins Caufield & Byers, and Neil Sequeira, a onetime managing director at General Catalyst Partners.

The filing lists the firm address 2925 Woodside Road, the same address as the historic landmark Pioneer Saloon in Woodside, California.

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