AltMountain

BCM Bitnet Technologies, LLC

San Francisco, CA · CIK 1627414
Status: no Form D since Dec 2014. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

BCM Bitnet Technologies, LLC is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Dec 9, 2014, it has sold $1,325,000 of interests to 6 investors since its first sale in Oct 2014. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Tad Buchanan.

Total raised
$1,325,000Cumulative sales reported on Form D
Investors
6
First sale
Oct 1, 2014
Minimum investment
None set
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Tad Buchanan
Latest Form D
Dec 9, 2014

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about BCM Bitnet Technologies, LLC

What is the minimum investment for BCM Bitnet Technologies, LLC?

BCM Bitnet Technologies, LLC's latest Form D, filed Dec 9, 2014, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in BCM Bitnet Technologies, LLC?

BCM Bitnet Technologies, LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.

How much has BCM Bitnet Technologies, LLC raised?

BCM Bitnet Technologies, LLC reports $1,325,000 sold from 6 investors on its Form D filed Dec 9, 2014. This is cumulative sales since the offering began, not current assets or performance.

Where is BCM Bitnet Technologies, LLC based?

BCM Bitnet Technologies, LLC is based in San Francisco, California.

When did BCM Bitnet Technologies, LLC launch?

BCM Bitnet Technologies, LLC reports its first sale in Oct 2014.

Size compared with every venture capital fund

Raised more than 53% of the 2,199 venture capital funds based in California, and more than 65% of all 14,768 that report sales.

More venture capital funds in San Francisco

Similar-size venture capital funds in California

All venture capital funds in California