Updated
Jeff Clavier, who was one of the early pioneers of a4‚¬Asuper angela4‚¬¯ investing, is raising a new $35 million fund, according to a filing with the Securities and Exchange Commission.
Clavier is one of the best-known angels in the Valley &8212' for example he was recently named one of the top angel investors in tech by BusinessWeek. Like other super angels, Clavier invests through a fund (as opposed to a typical angel investor, who invests their own money), in his case SoftTechVC. His current investments cover a broad spectrum of companies, including real-time analytics service ChartBeat, customer service company Get Satisfaction, and ticketing startup Eventbrite.
Last yeara4‚¬a4„s exits include local shopping startup Milo, which as acquired by eBay for $75 million, and mobile game maker Tapulous, which was acquired by Disney.
The filing states that Clavier has raised $14.5 million so far &8212' a figure that he confirmed via email. He declined to comment further, presumably since he&'s still raising the fund. Clavier&'s last fund, SoftTech VC II, was $15 million, so this looks like a significant expansion. Other big super angel funds include $20 million for Ron Conway&'s SV Angel and $40 million for Aydin Senkut&'s Felicis Ventures (Senkut is an investor in VentureBeat).
Update: Clavier may not be saying much about the fund, but he did announce today that he has made two hires &8212' Charles Hudson is joining as a venture partner, and Ashley Cravens as executive assistant.
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Companies: Softtech Vc
People: Jeff Clavier
Companies: Softtech Vc
People: Jeff Clavier
Anthony is a senior editor at VentureBeat, as well as its reporter on media, advertising, and social networks. Before joining the site in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. (All story pitches should also be sent to tips@venturebeat.com) You can also follow Anthony on Twitter.
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