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Which firms raised the largest funds in March and April?Clearlake Capital Group gathered more than $7bn for its sixth flagship fund and CVC Capital Partners raised $4.5bn for its fifth Asia-dedicated fund.
For emerging managers, ‘it’s going to be tough for a while’In the wake of the covid-19 pandemic and the economic slowdown it has wrought, new managers may suffer more than larger, established funds.
MasterClass in talks to raise $100m: BloombergMasterClass, an online education startup in which famous people teach classes, is in talks to raise at least $100 million that would put the company at a valuation of about $800 million, reported Bloomberg.
Robinhood scores $280m Series FOnline broker Robinhood has raised $280 million in Series F funding, according to a blog post on its site.
Mojo Vision gathers more than $51mSaratoga, California-based Mojo Vision, an invisible computing company, has raised more than $51 million in Series B-1 funding.
Partech wraps up third global seed fundPartech closes its third global seed fund at $100 million.
Verizon to buy VC-backed BlueJeans NetworkVerizon has agreed to acquire BlueJeans Network, a video conferencing and event platform.
VC-backed Forethought appoints Watkins as presidentSan Francisco-based Forethought, an AI customer support startup, has named Dan Watkins as president.
Beyond Identity grabs $30m Series ANew York City-based Beyond Identity, a provider of passwordless identity management solutions, has secured $30 million in Series A funding.
Affinia Therapeutics locks in $60m Series AAffinia Therapeutics, a gene therapy company, has secured $60 million in Series A financing.