
It looks like
Jeff Clavier's venture fund
SoftTech VC has just raised $15 million out of $35 million for a new fund, SoftTech VC III according to an
SEC filing. In addition, it appears that
Charles Hudson has joined as a partner in the fund.
Update:Clavier has officially
announced that Hudson has joined SoftTech as a venture partner. In terms of history,
"Super Angel" Clavier
launched Fund II, a $15 million seed fund focusing on the consumer Internet space in 2007, aimed at investing in 50+ companies over 3 years. Fund II has invested in 60+ early stage startups, with 29 companies raising over $170 million in additional financing to date.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/PexxHsDsW0Y/
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