Fundraisers

Norwest Venture Partners raises $1.5bn

The California-based global technology firm closes its largest fund to date.

-

Norwest Venture Partners XIV has held a final close at $1.5 billion. The firm’s largest fund to date invests in seed to late-stage companies across healthcare, enterprise and consumer sectors.

The firm’s predecessor fund, Norwest Venture Partners XIII, closed at $1.2 billion in January 2016.