Jackson Square aims to raise $150 mln

San Francisco-based Jackson Square Ventures has filed to raise $150 million for Jackson Square Ventures II LP, according to a regulatory document.

It will be the firm’s first fund since it rebranded in September.

The early-stage firm, which invests in SaaS and marketplaces, was previously called Sigma West after the team spun out from their East Coast colleagues at Sigma Partners and relocated on the West Coast.

The firm has been based in the Jackson Square neighborhood of San Francisco since 2013 when it moved out of its digs in Menlo Park, Calif.

The second fund is a step up from the $125 million fund it closed in 2012. Listed as managing directors on the new fund are Josh Breinlinger, Greg Gretsch and Pete Solvik. Not listed is Managing Director Bob Spinner.