Early-stage investor Fryfly raises $19.7 mln

Menlo Park, California-based Fryfly Venture Partners, an early-stage investor in “data and intelligence,” has raise $19.7 million toward a targeted $25 million fund, according to a regulatory filing. The commitments came from 13 investors, the filing reported. Fryfly, led by Co-Founders and General Partners Julie Allegro and Philipp Stauffer, initially filed to raise $25 million for Allegro Venture Partners Fund II in 2015, according to a filing at the time.