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Emergence Capital closes on $1B fund to back B2B companies
Emergence Capital has closed its $1 billion seventh fund, it reported on Tuesday It's the firm's first raise in nearly four years. In May 2021, the San
Like many other venture firms, Emergence appears to be all in on artificial intelligence with general partner Joe Floyd telling Fortune: “It’s a generational opportunity for AI investing, period.” Rob Wallace, CEO of Stanford Management Company, told Fortune that Emergence has “careful investors” and “deep domain specialists in SaaS and software.” She holds a Master’s degree in journalism from the University of Texas in Austin, where she currently lives.
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