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MuleSoft Founder Seeks Backing for London-Based Venture Fund

  • Ross Mason sold MuleSoft to Salesforce for about $6.5 billion
  • The $100 million fund will focus on B2B software startups

MuleSoft Inc. founder Ross Mason is seeking investment for a $100 million venture capital fund to back software startups at their earliest stages of development. 

After selling enterprise software company MuleSoft to Salesforce Inc. for about $6.5 billion in 2018, Mason has since invested his own funds into startups under the banner of his family office, Dig Ventures. After generating around a 50% rate of return on his first $50 million fund, Mason is now staffing up and raising a second fund backed by institutional investors, Mason told Bloomberg.