21-04-2017 20:30 via feeds.bizjournals.com

Pillar VC decreases target size for first fund by $25M

One of a crop of new venture capital firms in Boston, Pillar launched in 2016 with a goal to raise $100 million for its first fund by the end of the year.A document filed with the U.S. Securities and Exchange Commission Friday indicates the firm has now raised nearly $48 million, but has trimmed the target size for the fund to $75 million.Pillar did not respond to a request for comment for this story.Jamie Goldstein, formerly of North Bridge Venture Partners, founded Pillar about a year ago&hell
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