First Round Capital Preps For $135M Fundraising

Law360, New York (April 17, 2012, 2:19 PM EDT) -- Pennsylvania technology-oriented venture capital firm First Round Capital is planning to raise a new $135 million fund by the end of the year, its fourth fund overall, First Round said in a regulatory filing Monday.

In a Form D filing with the U.S. Securities and Exchange Commission, First Round said it planned to form a Delaware-incorporated venture capital fund, First Round Capital IV LP.

Based on the filing, the new fund has yet to make its first close. First Round Managing Partner Josh Kopelman was not...
To view the full article, register now.