Bessemer Venture Partners Closes $1.6B Fund

Bessemer Venture Partners has closed its eight fund, Bessemer Venture Partners VIII, with a whopping $1.6 billion. The firm, whose previous investments include Skype and LinkedIn, said that it expects to invest roughly a quarter of the fund in India. Bessemer did not disclose the names of LPs, besides saying that its investors included university endowments, corporations and family offices. Bessemer has offices in Silicon Valley, as well as New York; Mumbai; Herzliya, Israel; and Cambridge, Mass.

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