Ten years into a tech industry upswing, TechOperators is betting the music will play a while longer. According to the Atlanta Business Chronicle, the Atlanta-based venture firm is raising a more than $100 million fund— its third — since launching in 2008.
TechOperators last week closed on $40 million of the new fund. The new fund will invest in 15 new Southeast companies over the next few years. TechOperators specializes in three sectors that drive the Atlanta tech industry juggernaut — cybersecurity, marketing automation and small-business IT services.
Urvaksh Karkaria covers technology for Atlanta Business Chronicle.