Former Sequoia partner Matt Miller raises $355M for new fund — with Sequoia’s backing
Matt Miller, a former Sequoia partner, has secured $355 million for his new fund, Evantic, with backing from Sequoia.
MAIN POINTS
- Matt Miller, previously with Sequoia, launched a new fund called Evantic.
- Evantic has successfully raised $355 million in funding.
- Sequoia is among the backers of Evantic.
- TechCrunch reported on this development.
TAKEAWAYS
- Matt Miller's experience with Sequoia likely contributed to Evantic's successful fundraising.
- The significant backing highlights confidence in Evantic's potential.
- Sequoia's involvement suggests strategic alignment with Evantic.
- Evantic's launch marks a notable event in the venture capital landscape.