GV founder Bill Maris has formally announced the closure of his venture capital fund, having expanded its size from $100m to $150m because of strong investor interest.
Bill Maris, the former CEO of corporate venturing unit GV, has formally closed the first fund for his new venture capital firm, Section 32, at $150m, the New York Times reported yesterday.
Maris was the first chief executive of GV, the subsidiary of internet and technology group Alphabet then known as Google Ventures, when it launched in 2009. He departed in August 2016 and since then speculation has been rife over what his next move will be.
Much of the…
