Floodgate closes its fifth fund with more of the same

If it ain’t broke, don’t fix it, right?

That’s exactly what seed-stage venture firm Floodgate is thinking as it closes its fifth and new fund. According to a filing to the U.S. Securities and Exchange Commission, this fund of just under $76 million, more or less the same size as its previous two, is again headed by managing partners Mike Maples Jr. and Ann Miura-Ko. Moreover, the fund will also have the same investing strategy, according to Fortune.

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Floodgate has previously invested in buzzy startups such as Lyft, AngelList, IFTTT, Xamarin, Bigcommerce, TaskRabbit, and TapTalk, which SV Angel discovered on Product Hunt, resulting in the company raising a round of funding.

Among its investments, several have already exited, included Dasient (Twitter), DemandForce (Intuit), Gowalla (Facebook), ng:moco (DeNA), Playdom (Disney), and most recently Twitch.tv, which Amazon acquired. Maples invested in Justin.tv, Twitch.tv’s earlier incarnation, just before it graduated from Y Combinator and raised its first institutional round from Alsop Louie Partners and Felicis Ventures.

Floodgate was previously Maples Investments and morphed into Floodgate in 2010 with the addition of Miura-Ko and other tweaks to the firm’s setup.