Venture Capital
Vistara Capital Partners held the second close of its third technology debt fund, bringing the total raised to more than $100 million (US$75 million). Vistara Technology Growth Fund III, launched last October with a target of $130 million (US$100 million), is expected to reach its goal later this year, Managing Partner Randy Garg and Partner Noah Shipman told PE Hub Canada. “We’re feeling optimistic,” Garg said. Current commitments to Fund III are well in excess of the total secured by Vistara Technology Growth Fund II in 2016.