Search
 

VC Firm Occupies New Digs

SEATTLE - Voyager Capital, a locally based e-business venture firm has moved its headquarters to the Millennium Tower Building. The company says the new location will support the firm's anticipated growth with Voyager Capital Fund II, a $215 million fund.

By Gina Binole | Updated on June 25, 2001

SEATTLE – While other venture capital companies retrench in today’s market, Voyager Capital expects to grow and has settled into a new space the firms principals say should support future expansion.

Voyager Capital has relocated its headquarters to the Millennium Tower Building located at 719 Second Avenue from its former location at the Bank of America Plaza Building, 800 Fifth Ave. The larger office is intended to support the firm’s growth with Voyager Capital Fund II, a $215 million fund targeting investments in early stage enterprise software and services, Internet infrastructure, and wireless companies. Unlike many venture funds, which are retrenching in today’s market, more than half of Voyager’s Fund II is still available to invest in private companies.

Voyager expects to fuel the growth of 15 to 20 companies, providing between $10 and $12 million to each portfolio company over its lifetime. To date, Fund II has made investments totaling $39 million in seven companies including Checkspace, Inc., ClaimsDesk, Contivo, Inc., eCustomers, Planet 7 Technologies, Qsent, and SeeCommerce.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.