Cofounders Capital raised over $31 mln towards a $50 mln second fund

Cofounders Capital, has raised $31.27 million for its sophomore fund, according to a regulatory filing.  The Cary, North Carolina-based firm is targeting $50 million raise for this fund.

The firm raised its $12 million first fund in 2015.  Cofounders Capital is  an early stage seed fund focused on software ventures in the Triangle.