US-based Foothill Ventures hits first close of fund III at $50m

US-based Foothill Ventures hits first close of fund III at $50m

Team of Los Altos, California-based technology venture fund Foothill Ventures. Image Source: Foothill Ventures' official WeChat account.

Foothill Ventures, a technology-focused venture fund based in Los Altos, California, has announced the first close of its third fund at over $50 million, according to a company announcement published via WeChat on Tuesday. 

Edited by: Joymitra Rai

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