UC Berkeley-focused House Fund II has raised $44m from investors including endowments for the university and the wider University of California ecosystem.
University of California, Berkeley-focused venture capital firm The House Fund has closed its second fund at $44m, TechCrunch reported on Monday.
The capital came from endowments for UC Berkeley and the wider University of California system as well as Ahoy Capital and undisclosed other fund-of-fund vehicles, unnamed family offices, UC Berkeley alumni and tech industry executives.
The fund originally had a $50m target, according to a late 2017 regulatory filing. IT services provider Infosys is already a backer,…
