Cloud Apps Capital Partners raises $66.7 mln for second fund


Cloud Apps Capital Partners has raised $66.7 million toward a $100 million second early stage fund, according to a filing with the SEC.

The fund has won capital commitments from 25 LPs. The firm, run by General Partner Matt Holleran, raised an initial $53.7 million fund in 2015 to focus on cloud business applications.

Holleran is a former Salesforce executive and a onetime venture partner at Emergence Capital Partners.

The filing is available here.

 

 

FUNDRAISERS: Don't miss Emerging Manager Connect West 2018 in San Francisco on May 1! CLICK FOR DETAILS!