VentureBeat: Steve Case’s Rise of the Rest fund makes first investments, adds investors Reid Hoffman, Megan Smith
Steve Case-led venture capital firm Revolution continues to advance its Rise of the Rest seed fund, announcing nine of the fund’s first investments and adding more big names as investors, including prominent entrepreneurs Michael Bloomberg and Reid Hoffman.
The moves come just two months after Case announced the $150 million seed fund, which aims to invest in startups outside of Silicon Valley, New York, and Boston. The fund’s limited partners already include an array of notable Silicon Valley investors and other tech executives.
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