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Blumberg Capital Raising $100 Million For Third Venture Fund

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Blumberg Capital is raising $100 million for what appears to be its third venture capital investment fund, according to documents filed today with the U.S. Securities and Exchange Commission.

Blumberg focuses on early-stage funding opportunities in technology companies, and it typically acquires its first stake in a startup during the seed or Series A round. The firm is headquartered in San Francisco, and has team members based in New York and Israel.

The SEC filing made today shows that Blumberg is looking to raise up to $100 million for a fund called “Blumberg Capital III.” None of that amount has been raised yet, according to the document, which is signed by Blumberg Capital founder and managing partner David J. Blumberg. It is a step up in terms of size from Blumberg’s last fund, Fund II, for which the firm reportedly finished raising a total of $90 million back in January 2011.

Recent newsmakers in Blumberg Capital’s current portfolio include Mom Trusted, a website that aims to be a social network to help parents find childcare and other tools and services, and Any.DO, a to-do list app for Android and iOS.

We’ve reached out to Blumberg for more details on the new fund and how it will plan to invest it; we’ll report back with any information we receive.


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