Naya Ventures Launches $50M Fund

Naya Ventures, a early stage venture capital fund focused on the mobile and cloud market, said today that it has had a first close on a new, $50M fund. The firm--which has offices in Seattle--is led by Dayaka Puskoor, a former Microsoft executive, Prabakar Reddy (Risesmart, ANSR Group) and Gowri Shankar (SinglePoint, Sprint). The fund said it currently has seven companies in its portfolio, and that it has been active since 2011. The firm also has offices in Dallas and Hyderabad, India. More information »