Gunderson Dettmer client Coefficient Capital raised a $170 million initial fund focused on investing in digitally powered consumer brands.

As quoted in the Wall Street Journal’s recent interview, Coefficient co-founder Franklin Isacson said he wants to invest in brands that offer “a clear functional benefit to consumers at a price point that’s reasonable.” 

The Gunderson Dettmer deal team was led by Charlie Glass and included Jace Clegg, Jeff Liu, Jessie Chen, Andrew Watiker, Jessie Lande and Bernard Stanford.