Scale Venture Partners closes $900M for fund to back software startups

2017-08-24_00h03_35 IT総合
Money continues to flow into new venture capital funds. For example, in the past month, Runa Capital, Lerer Hippeau, Razor’s Edge Ventures, First Star, OurCrowd, Northzone, Janngo Capital and Kapor Capital all announced new funds.
Now it’s Scale Venture Partners’ turn, announcing it secured $900 million in committed capital for its eighth fund, also its largest since forming in 2000. The fund was raised in 120 days over the summer, partner Rory O’Driscoll told TechCrunch.
Known for backing enterprise software, the firm was an early investor in some legacy SaaS companies, including Box, DocuSig