Clear Ventures Launches New Fund With $180 Million

Palo Alto – May 23, 2019 – Cooley advised Clear Ventures on the closing of its second fund, Clear Ventures II, at $180 million. The Cooley team advising Clear included John Clendenin, Stuyvie Pyne and Julie Rogers.

“The technology mega trends of the past decade such as cloud, mobile, data and analytics are now the toolkit for entrepreneurs to build tomorrow’s market-leading technology companies,” Chris Rust, general partner and founder of Clear, said in a news release. “We see a tremendous opportunity for the next generation of entrepreneurs. The combination of this toolkit and deep vertical domain expertise can disrupt any incumbent. Clear II is dedicated to helping tomorrow’s technology leaders flourish.”

Clear is dedicated to offering capital and a full range of value-add services to frontier technology startups. With $300 million of capital from a world-class investor base, Clear provides early capital, connections and company-building insights to bold teams so their ideas can grow into market-leading companies.

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