PRINT THIS PAGE Split Rock closes $300m fund07/05/2008. Source: AltAssets. 
US venture capital firm Split Rock Partners has closed its Split Rock Partners II fund on $300m. All of the investors from Split Rock's first fund returned as investors in the new fund, the firm said in a statement. Michael Gorman, managing director, Split Rock, said, 'Our success in raising this fund is testimony to the talented entrepreneurs and quality co-investors with whom we have partnered. We look forward to building on that foundation with this fund.'
Split Rock invests in early stage healthcare, software and internet services companies, with a geographic focus on the Upper Midwest and West Coast of the US.
Recent investments include Atritech, Disc Dynamics, EBR, eBureau, Entellus, Evalve, Gearworks, HireRight, LowerMyBills.com, MyNewPlace, QuinStreet and Tornier.
The new fund follows the firm's $275m inaugural fund, raised in April of 2005.
In conjunction with the closing of the second fund, Split Rock has promoted Josh Baltzell to managing director with an investment focus on healthcare opportunities.
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