Harmony Partners, which focuses on Series B and later rounds, announced it has raised $105 million for its third fund. The fund was targeted at $100 million. It exceeds the $85 million it raised for Fund II, which it closed in 2014.
The firm, which has offices in New York and San Francisco, said it raised the commitments mostly from family offices.
The firm was founded in 2011 and is led by Founder and Managing Partner Mark Lotke, Partner Michael Chou and Venture Partner Greg Eaton.
Recent exits include Xceedium (acquired by CA in August 2015), Natera (went public in July 2015), Intersect ENT (IPO in July 2014) and Divide (acquired by Google in May 2014). Other Harmony portfolio companies include Anaplan, Capriza, Illumio, Platfora, Postmates Spotify and Zerto.