We're thrilled to share a significant milestone in Interplay's journey – the closing of $45 million for our third fund, Interplay Early Stage Fund III, to focus on B2B marketplaces and vertical software companies. A very special thanks to Christine Hall of TechCrunch for covering the story.
I also want to send a heartfelt shout out to what I believe is the best team in the business. Thank you to my Kevin Tung and Mike Rogers, both of whom are my partners on the investment team, in addition to Christian Mark, Caroline Elliott, Stacy Greco, Will Richardson and the rest of Interplay for everything that you do.
On the investment front, momentum is building. We’ve deployed over 40% of Fund III’s capital into some amazing companies and are remaining very active in this buyer’s market. We’ll have a lot more to share with you very soon.
Onward and upward!