Binh Tran and Eddie Thai, general partners at 500 Startups Vietnam, have launched a separate venture firm called Ascend Vietnam Ventures that seeks to invest in 25 local startups and others across the region over the next three years.

Seattle-based Outreach, a startup that specializes in sales intelligence, said it’s valued at $4.2 billion after its latest round of financing, more than triple what it was worth last year.