Ex-Mayfield partner Kimmel eyes up to $37.5m for second Montage fundraise

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Former Mayfield partner Todd Kimmel’s new investment firm Montage Ventures is out targeting up to $37.5m for its second fundraise.

The California-based firm is yet to register any capital for Montage Ventures Fund II according to a filing it made with the US securities regulator.

Montage pulled in at least $11.3m for its debut fund in 2014 according to a previous filing, although it is unclear if it ever reached its $17.5m target.

Managing partner Kimmel was previously a partner at Mayfield and a former principal at ATV Capital.

Montage invests across financial services, e-commerce, marketplaces and healthcare, and exits to date include real-time machine learning hotel recommendation platform Olset and 3D shoe sizing imaging database Shoefitr.

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