
Well, partner, let me spin you a tale about Redpoint Ventures, a San Francisco firm that's older than a horse's saddle rash. They've wrangled up a $650 million early-stage fund for the tenth time round, accord'n to some fancy regulatory papers that'll boggle your mind faster than a spooked bronco.
Now, I reckon these Redpoint folks keep ropin' in the same-sized herd as their last roundup, which they done did nigh on three years back. While other venture cowboys are cinching their belts tighter'n a goat’s behind before a thunderstorm, it seems their greenhorn investors are happier than pigs in a pile of slop.
### Meet the Herd Bosses
Leading this dusty caravan is a posse of four managing partners: Alex Bard (don’t he look just about as content as my old nag after a good roll in the dust), Satish Dharmaraj, Annie Kadavy, and Erica Brescia. Erica joined 'em just in time to saddle up from her COO stint at GitHub, bringin' all her fancy tech talk and such.
### Investin’ in High-Tech Horses
These early-stage rustlers done hitched their wagons to some shiny new startups, includin' an AI coding outfit named Poolside, with Jason Warner crackin' the whip. They’ve also backed Cockroach Labs, which must be as hard to squash as those critters you find in a back-country bunkhouse, and Levelpath, a procurement thingamajig.
### Growth Strategy: A Bigger Round-Up
But hold your horses, ‘cause this ain't no one-trick pony. They’ve got a whole other gang fixin’ to round up growth-stage funds, led by Logan Bartlett, Jacob Effron, Elliot Geidt, and Scott Raney. Last year’s haul was $740 million, beefed up from the $725 million wagon they circled three years prior. My wife says it's like adding more beans to the chili—makes it all the more filling.
### Giddyup to the Exits
In recent times, Redpoint done seen some big exits. Next Insurance got hitched for $2.6 billion in March, Tastemade was lassoed up by Wonder for $90 million, and IBM snapped up HashiCorp for a cold $6.4 billion. My ol’ lady says it's like trading your prize mare for a whole ranch—can't help but tip your hat in respect.
### Last Words from the Trail
Now, Redpoint didn't holler back about all these goin’s-on, leaving this old cowboy to yammer on alone. But if you want to see all this venture hoopla up close, saddle up for the TechCrunch shindig in Berkeley, CA on June 5. You might just learn something amid the microchips and horse apples.
Techcrunch event
Berkeley, CA | June 5
REGISTER NOW