Local VCs raising money for new fund, report says

SUPERIOR – A well-known group of Boulder area venture capitalists is starting a new fund, but none of the principals are talking.

The group, reports say, is made up of directors and principals currently with Mobius Venture Capital, a venture firm based in Silicon Valley and Superior.

According to a DowJones VentureWire story dated Oct. 4, managing directors Brad Feld and Jason Mendelson along with principals Seth Levine, Ryan McIntyre and Chris Wand are raising money to launch a new venture fund, probably here in Colorado.

The VentureWire story said they are trying to raise between $175 million and $200 million, citing…