Tuesday, January 10, 2017

Moonshots Gets Big Exit At Harvest.ai

Los Angeles-based venture investment firm Moonshots Capital, which is led by Kelly Perdew, has seen a big exit via the acquisition of San Diego's Harvest.ai by Amazon Web Services. The deal, which has not yet been formally announced, was reportedly worth around $20M. Moonshots and fellow investors, including Trinity Ventures, had invested only $2.3M in Harvest.ai, which develops cybersecurity software aimed at data loss prevention. Moonshots was only founded two years ago by Perdew and co-founder Craig Cummings, although both Perdew and Cummings are long time angel investors.

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