Javelin Venture Partners raises $125 mln for Fund III – Vatornews

Javelin Venture Partners has raised $125 million for its third fund, up from the $105 million it raised for Fund II, Vatornews reported.

The seed and early-stage venture firm, founded in 2008 by Jed Katz and Noah Doyle, is planning to invest $500,000 to $4 million in about 20 startups, according to Vatornews.

At the same time, Alex Gurevich from the firm’s Santa Monica, Calif. office has been promoted to partner.