Digg icon reddit icon Stumbleupon icon
Print Email     Print Edition Stories

Thursday, November 18, 2010

.406 Ventures eyeing $175M second fund

By Galen Moore

Boston venture capital firm .406 Ventures is going out to raise a second fund, targeting $175 million, according to a regulatory filing posted this morning.

The firm, named .406 after the 1941 batting average of Red Sox legend Ted Williams, raised its first fund in March 2008 at $167 million. The firm was founded by three partners: former Razorfish CFO Larry Begley, former Guardent co-founder Maria Cirino and Liam Donohue, former founder of venture firm Arcadia Partners. Fund I investments number at least 18 and include IT security firms Bit9 Inc., Business Intelligence Advisors Inc. and ChosenSecurity, wood pellet heating company American Biomass and web marketing company RatePoint.

Reached this morning by phone, Donohue declined to comment, citing SEC restrictions.

 

 

Editor's note: Contrary to an earlier version of this story, .406 is not an investor in Crimson Hexagon.

Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.

Digg icon reddit icon Stumbleupon icon
Contact Editor Latest News

Tech Pulse Poll

Should RI officials have approved the $75M loan to 38 Studios?



View Results

Stay Informed
Check which newsletter you'd like to receive.
TechFlash (Daily)
BioFlash (Daily)
GreenFlash (Weekly)
Startup Report (Weekly)
Breaking news, MHT events, local announcements
RSS feeds
Your email:

Affiliate publications: ACBJ.com, Boston Business Journal, Bizjournals.com, Portfolio.com, Wired.com

Web Site Developed by Neptune Web, Inc.

Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement and Privacy Policy. About our ads.