Law firm Wilson Sonsini Goodrich & Rosati has contributed to the $17m debut vehicle for US-based venture capital fund Tau Ventures, TechCrunch reported yesterday.
Tau Ventures plans to make early-stage investments in companies developing machine learning technology for use in automation, healthcare and enterprise spaces. Co-founders and partners Amit Garg and Sanjay Rao were previously at VC firm Norwest Venture Partners.
Wilson Sonsini Goodrich & Rosati was joined in the fund by unnamed family offices and private investors, and it closed in May this year, Garg told TechCrunch. Tau Ventures has 10 portfolio companies according to its website, including medical services portal RubiconMD.