Wednesday, October 31, 2012

GRP Partners Hits $148.6M In New Fund, GRP IV

GRP Partners, the venture capital firm managed by Steven Dietz, Brian McLoughlin, Yves Sisteron, and Mark Suster, seems to be making good progress on its newest fund, GRP IV, according to a regulatory filing from the firm filed Wednesday. The regulatory filing indicates GRP has raised $148.6M in committments for the $200M fund, which is still open to investors. GRP Partners has managed some high profile exits -- the latest looking to be an IPO at Qualys in September--and also in an investor in such companies as TrueCar, Maker Studios, Factual, Gradient X, TextPlus, and others. The firm also has had good exits at such companies as BillMeLater and HealthDataInsights.

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