Grayhawk Raises $70M For Early, Growth Stage Venture Capital

Phoenix, Arizona-based Grayhawk Capital announced today that it has closed on its second fund, Grayhawk Venture Fund II, and raiesd $70.0M in funds for early and growth stage technology investments in the Southwest. The company said the close occurred on December 31st. Grayhawk Capital is managed by Brian N. Burns, Sherman I. Chu, and Brian S. Smith. Grayhawk's prior successes include MX Logic, CareFx, and others; the company has made recent investments in Contatta and appsFreedom, among others.