Blue Cloud Ventures (BCV) is pleased to announce its fourth branch fund Blue Cloud Ventures IV LP completed the final round of fund-raising. With the oversubscribed fund and the co-investment subscription amount of the limited partners, BCV has raised US$350 million.
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BCV IV’s investor base includes fund-of-funds, non-profit foundations, family offices and large corporations in the United States, Europe, the Middle East and Asia Pacific. In addition, more than 60 technology entrepreneurs have also invested in BCV IV, many of whom are former CEOs and advisory committee members of BCV portfolio companies.
Since the first round of fundraising, BCV IV has made seven investments in market-leading software as a service (SaaS) companies. Current portfolio companies include Arctic Wolf Networks, Go1, Narvar, Nylas, Pax8, Templafy and Trulioo. Among all its funds, BCV has invested in 39 companies, nearly half of which have reached the level of unicorns.
BCV seeks to cooperate with a fast-growing cloud-based software company with annual recurring revenue (ARR) of between US$5 million and US$100 million. Through a customized investment strategy around flexibility and cooperation, the fund can lead, co-lead or participate in a growth round or a second round of financing, with an investment amount usually between 5 million and 30 million US dollars. By utilizing a series of unique value-added strategies and flexibility in terms of investment volume, board seats and ownership requirements, BCV positions itself as an ideal partner in the growth of entrepreneurs.
BCV founder and managing partner Rami Rahal said: “Since our first fund raised funds at the end of 2012, we have continued to grow rapidly and are proud of the entrepreneurs we support. The companies we invest in are usually in the industry. The market leader in the market is large and growing, and has a strong driving force. They solve key pain points for customers while providing a quantifiable return on investment.”
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Joel Lou, Founder and Operating Partner of BCV, added: “Thank you very much for your participation. Most of them have worked with us on multiple funds. Many of our limited partners are successful technology entrepreneurs. , Large enterprises and their managers, involving banking, manufacturing, technology, bulk commodities, retail, fast-moving consumer goods and hotel industries. They are an important network resource that BCV portfolio companies can use.”
Mir Arif, Founder and Managing Partner of BCV, said: “From the very beginning, we have attached great importance to being a first-class partner for entrepreneurs and their teams. When we learned that BCV was selected as the founder of the IT industry by “Inc.” magazine in 2021. We are proud and grateful when we were among the top 25 friendly venture capital/private equity companies. This reflects our commitment to cooperating with world-class entrepreneurs and ready to roll up our sleeves in the entire life cycle from growth to exit Help them.”
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