Gunderson Dettmer client Tusk Venture Partners announced the final close of its second fund, TVP II, L.P. with a fund size of $70 million. The New York-based venture capital firm invests in technology startups operating in highly-regulated markets.

In the announcement of the new TVP founders Bradley Tusk and Jordan Nof said, “We understand regulatory risk in a way that no other venture firm does, and we help our portfolio companies execute against it like no other venture firm can. That’s our superpower.”

The Gunderson Dettmer deal team was led by Brian Hutchings and included Jaime Narayan, Jeff Liu and Andrew Watiker.