Jackson Square Ventures (JSV), an eight-year-old, San Francisco-based early-stage venture firm that takes its name from the neighborhood in San Francisco where it’s headquartered, has closed its third fund with $193 million in capital commitments — a sizable step up from its first two funds, which had both rounded up roughly $120 million from the firm’s limited partners.

The firm, whose founding partners originally spun out of Sigma Partners, invests primarily in U.S.-based software-as-a-service and marketplace companies, with occasional outliers if it can find a way to rationalize the investment. Such was the case with Cornershop, a Latin American online grocery delivery service that JSV cofounder Greg Gretsch first came to know when one of the company’s cofounders, Oskar Hjertonsson, moved in across the street

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