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Wing Venture raises $250 million funds

‘We are witnessing the biggest podium shift yet in business technology and the

digital transformation of all type of industries is putting billions of dollars of value

in play, enabling exceptional founders to construct significant new companies’,

said Mr. Gaurav Garg.

Recently Wing Venture announced that it has closed wing two by 250 million

dollars second fund. Wing two has a backing of various worlds’ most classy

investors which include private foundations and premier universities. Gaurav Garg

and Peter Wagner are the co-founders of Wing Venture Capital. The wing is the

best breed venture capital firm dedicated to the early stage long-term company

building in business technology. The firm was founded in 2013 by both including

two veteran investors whose work includes many successful early stage

companies. Before Wing Gaurav and Peter were partners at sequoia Capital and

Accel partners. They have helped and build finance at some notable companies

such as Redback Networks, Nimble storage, jasper Wireless and FreEye.

Peter Wagner said’ The cornerstone of this is thoughtful craftsmanship approach

that helps startups get key foundational issues right before they begin scaling’.

Creating companies that matter in business markets need a fundamentally

different approach from building consumer-focused ones and everything about

Wing has been optimized for that purpose. Wing’s initial fund which was raised in

2013 has solid investments as a seed program. The launch of Wing two will

facilitate the firm to play the essential role of lead investors in many more

startups that are generating new markets and also refining existing one. Another

nucleus incentive is the digital transformation of business driven by mutual forces

of Mobile, data, and Cloud. This is permitting startups to confront incumbents in a

wide range of categories such as cyber security to Al powered enterprise

application and cloud-native infrastructure.

Source: www.crunchbase.com

Wing Venture raises $250 million funds
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