Data Collective eyes $125m for latest fund

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data-binaryData focused venture capital firm Data Collective is targeting $125m for its latest fund according to a new filing with the US Securities and Exchange Commission.

The firm has received twice as much interest from LPs as the target allows according to Dow Jones, which cited two people familiar with the situation.

Data Collective pulled in about $70m for its second institutional vehicle in 2012, and had aimed to raise no more than $100m.

The latest fund is yet to register and commitments, the filing shows.

Data Collective is led by former VantagePoint partner Matt Ocko and Montara Capital Partners co-founder Zachary Bogue.

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