First Round Capital raises $175 million

Posted Jun 27, 2014

First Round Capital, a seed-stage investment company, has raised a fifth fund at $175 million. First Round also announced that New York City-based partner Phin Barnes will be relocating to San Francisco and Wiley Cerilli (founder of SinglePlatform) is joining as a venture partner. Some of First Round’s portfolio companies include, DogVacay, Birchbox, and Blue Apron.
[Source: Re/Code]