Spectrum Equity raises $1.25bn

The Boston and San-Francisco based firm held a first and final closing for Fund VIII.

By
Cynthia Yip
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Spectrum Equity has closed its Spectrum Equity Investors VIII fund on $1.25 billion.

The firm raised $1 billion in 2014 for its predecessor vehicle. The firm will use the capital from Fund VIII to invest through growth strategy in TMT sector in North America