Press Clips from 2014

April 9, 2014


Venture fund targets UCSD technology

A group of alumni from UC San Diego has created an early stage venture capital fund that will target startup companies created by university students, faculty and graduates. The modest, roughly $8 million Triton Technology Fund unveiled late Wednesday expects to provide capital to entrepreneurs looking to commercialize technology developed at the university. Full Story

April 9, 2014


Software VC Tucks Fund for UC San Diego Deals into New Venture Fund

David Schwab, a managing director at Sierra Ventures, has created a new venture fund with an unusual provisio--20 percent of the capital raised will be focused on commercializing innovations coming out of UC San Diego. Schwab, who joined Menlo Park, CA-based Sierra Ventures 18 years ago, said in a phone call yesterday that he is leading a group of UC San Diego alumni in the formation of a fund within a fund--the Triton Technology Fund within his new Vertical Venture Partners fund. Full Story

April 9, 2014

Wall Street Journal

Vertical Venture Partners Joins Micro-Fund Bandwagon With First Close of Debut Vehicle

Vertical Venture Partners has held a first close of what will be a roughly $40 million maiden fund targeting early stage enterprise startups coming out of the University of California at San Diego and other spots. The firm is the latest in a string of "micro" venture capital firms to emerge, as mid-sized funds have failed to dazzle most limited partners and capital has pooled in large mega-funds like those recently closed by Accel Partners and Andreessen Horowitz. Full Story