Launched may of 2013, Bowery Capital has raised $33 million and will concentrate on business-to-business startups. Bowery was formed by Mike Brown, who co-founded AOL Ventures and led investments in over 30 companies primarily focused around the next generation of CMO and CTO spend. Before AOL Ventures, Brown worked for the investment arm of Richard Branson's Virgin Group. Bowery is a thesis-driven early-stage investor, focused on backing exceptional founders building companies that transform the way corporations spend money on marketing and technology.