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GKM Expands Fund, Opens Menlo Park Office

Los Angeles-based GKM Ventures announced that it has completed a second close of its venture fund, increasing the fund's assets from $48M to $97M. As a result the venture firm has opened a Sand Hill Road office managed by David Stastny, managing director, and added Paul Sherer as a venture partner and Kai Tse as principal. GKM is focused on investing $2 to $4M in expansion stage companies in the western U.S. More information »