New England’s new early-stage Venture Capital Firms

From Scott Kirsner of Innovation Economy and the Boston Globe:

"…a run-down of the newest early-stage venture capital firms in our neck of the woods:

Fair Haven Capital , Boston, MA
Size: $200 million
Investments so far: Everyzing (formerly Podzinger), Cocona Fabrics, Xtranormal, and one Boston company that is currently at the term sheet stage
Sweet spot for A rounds: averaging $4 million

.406 Ventures
Boston, MA
Size: $125 million (could grow as large as $150 million)
Investments so far: Veracode, RatePoint, Memento
Sweet spot for A rounds: A few hundred thousand to $3 million

Point Judith Capital
Providence, RI
Size: $73 million (this is the firm’s second fund; all others on this list are on their first)
Investments so far: Novare Surgical, Envista Corp., Music Nation
Sweet spot for A rounds: $500,000 to $3 million

DACE Ventures
Waltham, MA
Size: Slightly over $70 million
Investments so far: Panraven, Cityvoter, AuctionPal, LocaModa
Sweet spot for A rounds: $1 million to $3 million

Kepha Partners
Waltham, MA
Size: Roughly $50 million
Investments so far: PeerMeta, AutoVirt
Focus: pre-seed, seed and Series A

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