Search

Bessemer Venture Partners said today that it has closed a $1 billion fund, Bessemer Venture Partners VII. The firm said that the oversubscribed fund will focus on innovative, high growth companies, and have $350M dedicated to investments in India. According to Bessemer, the fund's limited partnerse included Bessemer Securities Corporation, the Phipps family office. The firm also said that it added a small number of new limited partners, including family offices, universities, and foundations. Bessemer highlighted the fund's significant Indian focus, saying that it has now invested in twelve Indian companies to date.
posted on Thursday, July 19, 2007

Related companies:
Bessemer Venture Partners

Related stories:
> Rembrandt Venture Partners Closes $160.5M Fund
> Lightspeed Closes $800M Fund
> Globespan Closes $380M Fund
> New Leaf Closes $450M Fund
> Bessemer Bumps Two To VP

---

silicontap.com Home