[Techtaffy Newsdesk]

Naya Ventures, a venture capital fund specialising in early stage companies in the mobile and cloud markets, has closed its first fund with $50 million.

Founded in 2011, Naya is headquartered in Dallas, with offices in Silicon Valley, Seattle and Hyderabad, India. Co-investors in Naya portfolio companies include Menlo Ventures, Benaroya Capital, Seapoint Ventures, Intel Capital, Deutshe Telecom Ventures, Ignition and Rally Capital.