Two Sigma announces third fund
Gunderson Dettmer client Two Sigma Ventures announced its newest fund with $288 million. The firm is the venture capital arm of Two Sigma Investments, and pursues investments in early stage enterprise, consumer-facing and healthcare-focused companies.
In the announcement of the new funding, Two Sigma Ventures co-founder Colin Beirne said, “The world is becoming awash in data and there’s continuing advances in the science of computing. We thought eight years ago when we started, that more and more companies of the future would be tapping into those trends.”
The Gunderson Dettmer deal team was led by Brian Hutchings and included Steven Franklin, Jessie Chen, Jeff Liu, Andrew Watiker, and Jace Clegg.