Early Stage Tech VC, Pelion Venture Partners Closes $194 Million Fifth Fund
SALT LAKE CITY, UT — (Marketwired) — 05/30/13 — Pelion Venture Partners today announced the final close of Pelion Venture Partners V. The fund was oversubscribed, exceeding its $175 million target to close at $194 million.The Pelion team invests nationwide into early-stage technology companies that are applying sophisticated software solutions to various enterprise needs in cloud, internet, mobile, analytics, and networking. Committed to taking the lead investing role, Pelion has invested in