Array Ventures seeks $55m

The San Francisco firm, led by Shruti Gandhi, seeks $55m for its third venture fund.

San Francisco-based Array Ventures is aiming to raise $55 million for its third fund, according to a regulatory filing. Array is led by managing partner Shruti Gandhi, who previously was an early-stage investor at True Ventures, Samsung Electronics, Lightbank, HighBAR Partners and the i2A Fund.