CerraCap Ventures, a US based Venture Capital firm, headquartered in Orange County California, announced the final close of its second fund. The fund focuses on investment in the areas of Artificial Intelligence, Cybersecurity, Advanced Analytics and Healthcare Technology, utilizing its unique “Sales and Scale” business model to help startups sell into large enterprises.
To date, the fund already invested in 9 high growth technology companies across the US, Israel and Singapore.
Recommended AI News: Strengthen Data Privacy On Your Website With Monsido
CerraCap Ventures’ latest fund is backed by Mexico Ventures (co-managed by Sun Mountain Capital, a PE and VC firm in the United States, and Fondo de Fondos, a Mexico based institutional investor), IIFL Group – India’s largest Wealth Management company and John C Cushman III (Cushman & Wakefield), among others.
Recommended AI News: Tulip Launches Video Chat To Connect Store Associates And Customers In Real-Time
“CerraCap Fund II has invested in companies such as Deep Instinct, Dathena, Censia, Robotic Skies, Nirveda Cognition and Quantix. Majority of the companies have closed follow-on rounds at higher valuations since our first investment. All companies are well positioned, despite the current impact from COVID 19. We are also seeing an accelerated adoption of digital technologies across industries, leading to increased demand for areas such as Cybersecurity. This is a great time for potential investments in our focus areas” commented Saurabh Ranjan, Founder and Managing Partner of CerraCap Ventures.
Recommended AI News: Cyral Announces The Launch Of Its New Open Source Project: Approzium
Comments are closed, but trackbacks and pingbacks are open.