AirTree Ventures

Serial venture capitalists Daniel Petre and Craig Blair announce $60 million fund for tech businesses

Former tech executives Daniel Petre and Craig Blair are planning to use the $60 million they’ve raised for their AirTree Ventures Fund to support the growth of 15 local technology startups.

While it was revealed Petre, a former Microsoft executive, and Blair, formerly of Expedia, were seeking to raise $50 million from private investors earlier this year, the duo said today they decided to extend the fund to $60 million and closed the fundraising early after attracting “significant interest from investors”.

Read the full article on StartupSmart