Walden Targets $75M For New Tech Venture Capital Fund

Law360, New York (August 5, 2013, 3:32 PM EDT) -- California early-stage investment firm Walden Venture Capital, which counts Internet radio sensation Pandora Media Inc. among its successful investments, is targeting $75 million in assets for its eighth fund, the technology-focused firm disclosed in a regulatory filing Friday.

San Francisco-based Walden plans to raise the target capital for the new fund, known as Walden Venture Capital VIII SBIC LP, within a year. The fund will be structured as a small-business investment company, according to Walden's filing with the Securities and Exchange Commission on Friday.

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