Digital Alpha Announces Closing of Second Digital Infrastructure Fund at Over $1 Billion
- Digital Alpha has pioneered a "JV" investment model for digital infrastructure, which includes strategic partnerships with Silicon Valley industry leaders.
- Investments focus on leading next-gen networks, cloud and IoT/smart city platforms.
- The Fund was oversubscribed, exceeding its initial hard cap, bringing Digital Alpha's total Assets under Management to over $1.5B.
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SAN FRANCISCO, April 20, 2021 /PRNewswire/ -- Digital Alpha Advisors ("Digital Alpha"), a leading digital infrastructure investment firm, today announced the closing of Digital Alpha Fund II, L.P. (the "Fund" or "Fund II"), over its initial hard cap with over $1 billion in commitments. The Fund was oversubscribed and continues the same successful strategy of investing in digital infrastructure assets, companies and revenue share arrangements as Digital Alpha Fund I, L.P. ("Fund I"), formed in 2017. Digital Alpha will also continue the successful strategic partnership it has had with Cisco since the firm's founding, which includes preferred access to Cisco's deal flow, engineering and sales resources, as well as access to Cisco's broader ecosystem of channel partners and resellers. In addition, Digital Alpha is proud to cultivate strategic partnerships with other Silicon Valley technology leaders, with whom it has already executed deals in Fund I and Fund II.