Revolution Growth closes third fund at $525 mln
Revolution Growth has raised $525 million for its third fund. Revolution Growth III will focus on tech companies that are not in Silicon Valley. According to the firm, the fund will be "highly selective," making only three to four investments per year, each between $25 million and $50 million. Revolution Growth's previous fund closed at $450 million In addition to the fund-closing, Revolution Growth has named Steve Murray, who previously worked at Softbank, as a partner while promoting Scott Hilleboe and Evan Morgan to the same role.
14 June 2016•4 mins read
