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Ubiquity Ventures secures $75M for Fund III to invest in ‘software beyond the screen’
Sunil Nagaraj describes “software beyond the screen,” as using software to navigate, perceive, understand and control the real physical world.
Nagaraj, who was previously with Bessemer Venture Partners for six years, says he has “the power of being nerdy and early,” which is what led to his 2014 seed investment in Auth0 while at that firm. He has already made four investments from the new fund and plans to make about 20 overall, writing about $1 to $2 million for a seed round and similar for a Series A. And Nagaraj takes a board seat, which he joked that many of his peers find odd at the seed stage.
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