Benhamou Global Ventures raises $80m

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Benhamou Global Ventures has raised $80 million to date for its BGV III. The Palo Alto-headquartered firm set a $75 million target and began fundraising in 2016.

Its previous fund raised $72 million in 2015.

Investors that committed to BGV III include existing LPs as well as new international and institutional LPs including several US, European, Israeli and Chinese investors.

The fund will target venture capital opportunities in enterprise IT sectors globally.