Frontline closes €60M for Fund II
Here’s to many more years of backing the best B2B software companies in Europe.
Today we’re announcing the close of Fund II at €60 million. We are very excited to continue growing our team to back ambitious B2B founders at the pre-seed and seed stages, with investments ranging from €200,000 to €3 million.
Fund I closed at €50 million in 2013 and, to date, has been invested into 27 software companies across Europe. Exits include Logentries, acquired by Boston-based Rapid7 (NASDAQ:RPD), and Orchestrate, acquired by CenturyLink (NYSE:CTL).
We are excited to continue working with our LPs to invest in and accelerate some of the most exciting B2B companies coming out of Europe.
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