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Bonfire Ventures Eyes New, $165M Fund

Santa Monica-based venture capital firm Bonfire Ventures is looking to raise $165M in its third fund, according to a regulatory filing from the firm. As expected, due to legal restrictions, venture capital investor--led by Jim Andelman, Mark Mullen, and Brett Queener--has not detailed its fundraising efforts. The regulatory filing says the firm has yet to sign up any limited partners on the new fund. Bonfire makes early stage investments in B2B software startups.