Monday, July 11, 2011

Industry Ventures Raises $400M For Secondary Fund

San Francisco-based venture capital investor Industry Ventures said today that it has closed on Industry Ventures Fund VI, a $400M secondary fund. The firm said the fund is its largest raised to date, and will focus on providing liquidity alternatives for venture capital and technology firms. The firm said the new fund comes on top of a recently announced, $155M Special Opportunities fund.