Steve Anderson’s Baseline Ventures back fundraising after 10 years


San Francisco-based Baseline Ventures has launched a new fund ten years after its predecessor.

Baseline Ventures 1819 does not list a target or show any registered capital, according to a filing with the SEC.

The vehicle will be managed by Baseline founder Steve Anderson, who has previously worked for Starbucks, Digital Equipment Corporation, eBay, Kleiner Perkins Caufield and Byers and Microsoft.

The firm was founded in 2006, and since then claims to have made more than 100 investments, created 4,000 jobs and created $1.5bn for founders and employees.

It has a focus on technology startups and has previously invested in Instagram, Twitter, Datalot and Trialpay.

It raised its debut fund in 2008, according to Crunchbase, but no total amount has been announced.

A number of other venture firms are also currently in the fundraising market. Last month, AltAssets reported that Moonrise Capital had launched a $100m fund.

At the end of last year, Women’s Venture Capital Fund launched a new vehicle and was targeting $20m.

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