- Cambridge-based venture capital firm Link Ventures announced that it received more than $100 million in capital commitments for its Link Ventures 2 fund
Link Ventures — a Cambridge-based venture capital firm — announced it received more than $100 million in capital commitments for its Link Ventures 2 fund. LV2 is going to invest in early-stage consumer internet companies thus following up on the success of Link’s first fund. And Link Ventures is planning to help future portfolio companies capitalize on Link’s proprietary big data resources to drive revenue and capital-efficient growth.
“We are delighted to have such a distinguished list of limited partners who have trusted us with their hard-earned capital and believe in our differentiated big data and technology advantage,” said Link Ventures founder and managing partner Dave Blundin. “We will use this capital to invest in remarkable startups.”
Link Ventures’ investment team includes veteran investors and entrepreneurs Rob Chaplinsky, John Werner, Dominic Lloyd, Matt Rita, Bill Ferguson, and Mira Wilczek (CEO of Link’s startup incubator Cogo Labs).
“Link Ventures is a different type of VC. While many VCs offer great mentoring services, Link provides high-value data for low-cost customer acquisition,” added Managing Director Rob Chaplinsky. “We expect to invest in exceptional management teams and help them leverage our data to exceed their revenue plans. That’s how we generate returns for our investors. We have finite capacity, so we have to choose them carefully.”
Link has invested in more than 25 companies including EverQuote, Jobcase, and Vestmark. And three Link companies (Cogo Labs, Jobcase and Vestmark) were ranked in Boston’s top ten “Best Places to Work” this year.
