Kepha Closes $100M Fund
Wade Roush1/13/09
Waltham, MA-based Kepha Partners, founded by former Highland Capital partner Joe Tango, will announce today that it has closed fundraising on its first investment fund, totaling $100 million, according to a report in Mass High Tech. Kepha, which has already invested in early-stage tech firms in the Boston area such as AutoVirt, Azuki Systems, and Byledge, says in its mission statement that it wants to “become the McKinsey & Co. for entrepreneurs”—meaning, apparently, that it hopes promising entrepreneurs will seek it out for its startup-building acumen.
Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.
