Next Coast Ventures Announces Inaugural $85 Million Fund

PRESS RELEASE:Oversubscribed Fund Set to Transform Business in Emerging ‘Next Coast’ U.S. Markets Led by Former ServiceSource CEO Mike Smerklo & Former Austin Ventures VC Tom BallAUSTIN, Texas–(BUSINESS WIRE)–March 2, 2017– Next Coast Ventures, the Austin-based venture capital firm focused on investing in disruptive ideas and thematic marketplaces, today announced the close of its debut fund at $85 million, oversubscribed by $35 million. One of the largest funds