Venture Intelligence (TSJ Media Pvt. Ltd.)
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Iron Pillar makes final close at $129-M for second fund focused on cloud, SaaS cos
Growth Stage focused vVenture capital investor Iron Pillar has closed a USD 129 million fund that will focus on making investments in global cloud software companies from India. The fund will look at investing in growth stage startups including Series B, Series C rounds with an emphasis on software-as-a-service (SaaS) and cloud infrastructure segments including investment themes such as cyber security and governance, DevOps tools, future of work and education, and automation. The USD 129 million vehicle is a part of Iron Pillar's Fund II series. The firm would initially invest in the range of USD 8-12 million, an almost 50% increase in initial cheque sizes from Iron Pillar's first fund.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.