Ankona Capital: Closes First Fund, at $66M

Ankona Capital Closes First Fund, at $66M

• Ankona Capital, a Newport Beach, CA-based growth-stage venture firm, closed its first fund, at over $66m
• Led by Jared Smith, Newth Morris, Josh Harmsen, and Brian Mesic, the company invests in emerging growth stage B2B software companies
• While national in focus, the firm has deep roots in southern California
• The firm invests $5 to $15m into early growth-stage B2B software companies which typically have $5-$15m in recurring revenues
• In addition, the company has an Operating Partner program to help identify and diligence target companies and mentor entrepreneurs and CEOs
• The firm’s current portfolio companies include VideoAmp, a cross-screen video audience measurement company (Los Angeles, CA);