Announced: $23 million venture fund in Provo, Utah

This may not seem like a big deal to some of you. Silicon Valley has many billion dollar venture funds, after all. But for startups in Utah, this is huge news. A $23 million fund focused on seed investments of $100k to $1 million can provided a needed boost to dozens of companies. If even a single startup funded by Peak Ventures follows the path of billion-dollar Utah companies such as Omniture, Vivint, Ancestry, InsideSales, or...
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