Cornerstone Ventures launches second fund worth $200 mn for B2B startups

Cornerstone Ventures, a venture capital firm focused on Business-to-Business (B2B) enterprise investments, on Wednesday announced the launch of its second fund with a corpus of $200 million, with a greenshoe option.

Through the fund, investments will be made across stages, with a focus on early growth-stage Venture Capital bets. It offers flexible ticket sizes ranging from $5 million to $15 million.

Aside from capital, the fund also aims to provide entrepreneurs with access to a large enterprise customer ecosystem, access to strategic funding from next-round investors, and a large network of mentors and go-to-market partners, the firm said.