The news: Unlock Venture Partners, a seed-stage firm that invests in Seattle and Los Angeles-based startups, raised a $60 million fund. The details: This is the second fund from Unlock, which launched in 2018 and has now raised more than $85 million. The firm is co-led by longtime Seattle-area entrepreneur and angel investor Andy Liu; 3-time founder Sanjay Reddy, based in Los Angeles; and Raazi Imam, CEO of Caiman Consulting (acquired by Sia Partners), based in San Francisco. The strategy: Unlock focuses on Seattle and Los Angeles — two cities where it believes startups have a “scarcity of access” to early-stage funding.