Floodgate, a Palo Alto, Ca.-based early stage venture capital firm, has raised $ 131 million for its sixth fund, according to an SEC filing that shows the 11-year-old firm turned to just eight investors for the capital commitments. Though small by today’s fundraising standards, the fund reflects a bit of a departure for the firm, whose fifth fund closed with $ 76 million in 2014. (Its… Read More

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