Section 32, the venture capital fund based in San Diego’s Cardiff-by-the-Sea community, has raised nearly $200 million for its second fund.

A document filed with securities regulators Friday shed light on comments made the previous week to Xconomy by Section 32 founder Bill Maris, who started the firm in 2017.

Maris on Feb. 15 confirmed that Section 32 had raised a second fund, but declined to share the amount that had been raised. The document reveals the total so far is just under $200 million out of $300 million the firm intends to raise for its second fund. A total… Read more »