Clocktower Technologies II LP is a venture capital fund based in Santa Monica, California. According to its most recent Form D, filed Mar 10, 2020, it has sold $4,200,000 of interests to 5 investors since its first sale in Feb 2020. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Steven Drobny; Clocktower Technology Ventures II LLC; Clocktower Technology Ventures II GP LP.
- Total raised
- $4,200,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Feb 28, 2020
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Steven Drobny; Clocktower Technology Ventures II LLC; Clocktower Technology Ventures II GP LP
- Latest Form D
- Mar 10, 2020
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 Clocktower Technologies II LP
What is the minimum investment for Clocktower Technologies II LP?
Clocktower Technologies II LP's latest Form D, filed Mar 10, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Clocktower Technologies II LP?
Clocktower Technologies II LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Clocktower Technologies II LP raised?
Clocktower Technologies II LP reports $4,200,000 sold from 5 investors on its Form D filed Mar 10, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Clocktower Technologies II LP based?
Clocktower Technologies II LP is based in Santa Monica, California.
When did Clocktower Technologies II LP launch?
Clocktower Technologies II LP reports its first sale in Feb 2020.
Size compared with every venture capital fund
Raised more than 65% of the 2,193 venture capital funds based in California, and more than 80% of all 14,732 that report sales.