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Christine Hall
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Costanoa Ventures is seeing some of its best returns yet as it closed on two new funds, Costanoa Fund IV, a 115 million funding investing in later rounds of portfolio companies.
Greg Sands started the firm in 2012 as a sole general partner and told TechCrunch that all the way back to the first fund, it invested in companies, like Intaact, which was acquired by Sage in 2017, and Datalogix, acquired by Oracle in 2014, that established a pattern.
Each fund since then has been better than the one before it, he added. These latest funds bring the firm’s total commitments to date to overleading Plug Pagamentos’s seed round in November.
Overall, the firm made 10 investments already from the fund, including co-leading Highnote’s \)"> 54 million Series A and participating in Coiled’s Roadster be acquired by CDK Global and Kenna Security exit to Cisco.
Greg Sands started the firm in 2012 as a sole general partner and told TechCrunch that all the way back to the first fund, it invested in companies, like Intaact, which was acquired by Sage in 2017, and Datalogix, acquired by Oracle in 2014, that established a pattern.
Each fund since then has been better than the one before it, he added. These latest funds bring the firm’s total commitments to date to over