BGV Marks 18th Exit and First Close of Its Fourth Fund
ChaSerg Tech Acquisition Corp (CTAC)
Company Research
Source: Business Wire
Successful Exits and New Investments Underscore Firm’s Commitment to Fourth Era of Enterprise Startups PALO ALTO, Calif.--(BUSINESS WIRE)--BGV, an early-stage venture capital firm with deep Silicon Valley roots and an exclusive focus on global enterprise 4.0 startups, today announced the first close of its fourth fund and the definitive agreement of BGV Fund II portfolio company Grid Dynamics to merge with Chaserg (Nasdaq: CTAC). With a complete continuity of team, strategy and approach, BGV has announced a first close of BGV IV, LP, its fourth flagship fund with a planned target of $150M.The BGV team continues to make investments that reinforce the firm’s leadership with Enterprise 4.0 technology startups. Late 2019, BGV made two investments in the Enterprise 4.0 category. The first, Folloze, is a Marketing hyper-personalization platform enabling B2B sales teams. The company’s Marketing solution dynamically combines visitor data, intent data and account data yielding a depth of p
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