Velocity Venture Capital Closes $15 Million Second Fund

FOLSOM, Calif.--Velocity Venture Capital, a venture capital fund that invests in technology companies in the greater Sacramento area, announced today that it has closed its second fund with $15 million raised and is preparing for its third fund with a target fund size of $60 million. With its first two funds, Velocity already has made 11 investments in companies in the greater Sacramento region, including companies like Jadoo Power and Marquiss Wind Power, which are taking a leadership role in Sacramento’s efforts to become a national leader in clean energy innovation. Link.