Battery Ventures closes pair of funds at $950 mln
Battery Ventures raised two new funds totaling $950 million. The main fund, Battery Ventures XI, pulled in $650 million. A side fund raised $300 million. Both vehicles reached their target investment levels. Battery will continue to invest in companies from the seed stage all the way to private equity deals. It typically deploys capital in increments of a few hundred thousand dollars up to deals worth $100 million.
23 February 2016•3 mins read
