Section 32 Announces $525M Fund 5
Gunderson Dettmer represented client Section 32 in the closing of its $525 million fifth fund formation, Fund 5. Fund 5 will invest in companies that are "pushing the boundaries" in software and artificial intelligence to allow for new capabilities and step-changes in performance across markets.
In the announcement of the fund formation, Section 32 CEO and managing partner Andy Harrison said, "Entrepreneurs are the visionaries who bring the future to life, and S32 aims to invest in the most disruptive and impactful founders."
The Gunderson Dettmer deal team was led by Sean Caplice and included Chris Partin and Amanda Chan.