Atlanta-based Overline Ventures announces initial closing on $25 million early stage fund

Down the road in Atlanta, hypepotamus reports that the Founders of venture capital firm Overline are pushing ahead with their inaugural effort.

Michael Cohn and Sean O’Brien have celebrated the first close on their $25 million early stage fund, raising $17.5 million from Mailchimp, an anchor investor, and other well-known names like Cox Enterprises, Hallett Capital, Atlanta Tech Village Founder David Cummings, and Techstars Co-Founder David Cohen.

According to the article, “Overline is a generalist fund that intends to make capital commitments between $1 million and $1.5 million across a variety of industries, focusing its seed stage business investments on companies based in Atlanta and the Southeastern U.S.”

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