Neotribe closes its second fund with $216m

The firm was founded by former NEA GP Kittu Kolluri in 2017 and raised $113.5m for its debut fund.

Neotribe Ventures announced it has raised $216 million in commitments for its second fund. The firm, with offices in San Francisco and Menlo Park, raised $113.5 million for its inaugural fund in 2017.

The firm was founded by Swaroop “Kittu” Kolluri, who left New Enterprise Associates after 11 years at that firm. Joining him for the debut fund was Adit Singh, who previously was a partner at Foundation Capital.

Source: Medium blog post