Insight Venture Partners raises $3.6bn

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Insight Venture Partners has raised $3.6 billion to date for its Insight Venture Partners X, per a SEC filing. The New York-headquartered firm has set an undisclosed target and began fundraising in 2017. The SEC filing did not disclose whether the capital raise constituted a final or interim close.

Its previous fund raised $3.45 billion in 2015.

Investors that committed to Insight Venture Partners X include the Pennsylvania State Employees' Retirement System.

The fund will target venture capital opportunities in technology, media, and telecommunications sectors globally.