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Double M Partners Raising New Fund

Los Angeles-based venture capital fund Double M Partners, which is run by Mark Mullen, is raising a new, $40M venture capital fund, according to a regulatory filing by the firm on Monday. The filing indicates that so far, $18.3M has been raised in the fund, from 49 different investors. Double M has invested in such companies as TheTradeDesk (IPO), Edgecast (acquired by Verizon), Orbitera (acquired by Google), Lettuce (acquired by Intuit), Gradient X (acquired by Singtel), MessageLabs (acquired by Symantec), as well as many others.