Velocity Venture raises $15 million fund

Adam Kalsey — Tue, 15 Jan 2008 19:31:40 +0000

Folsom’s Velocity Venture Capital has raised a second fund of $15 million to invest in early stage Sacramento-area companies. Velocity’s current investments include Revionics, KeyEye Communications, and their latest investment, Freepath.

VentureBeat reports that this fund will be used to make regional investments ranging from $100,000 to $3.5 million.

SacStarts - Velocity Venture Capital

Velocity Venture raises $15 million fund