Alloy Ventures closes $368M fund: Financial News - Yahoo! Finance

Alloy Ventures said on Wednesday that it has closed its its fifth venture fund, Alloy Ventures 2005, with commitments of $368 million.
The Palo Alto firm said its total capital under management has now surpassed $1 billion and that it will continue to focus on seed and early-stage investing in information technology and life science companies.

Joining Alloy Ventures this year as general partners are: Michael W. Hunkapiller, most recently president and general manager of Applied Biosystems Inc.; and Ammar H. Hanafi who had worked at Cisco Systems Inc.(NASDAQ: CSCO - News) for eight years, most recently as vice president of new business ventures.

Published October 13, 2005 by the Silicon Valley/San Jose Business Journal