10/25/2019
"This morning, Utah-based Peak Ventures announced the close of its third fund, a $75 million vehicle. The venture firm also rebranded as Album VC, a move it explained by saying that it wants to help “founders create their best work,” making the new moniker an homage to music production."
The $75 million capital pool is Album's largest to date, nearly the same amount of its first two funds combined.