General Catalyst Raises $500 Million for Sixth Venture Fund
No funding news happening this week, think again. Cambridge based General Catalyst has just raised $500 million for its sixth venture fund, according to peHub. General Catalyst currently focuses on early stage and growth equity investments principally in digital media, software, and cleantech companies. The firm currently has over $1.7 billion in capital under management across five funds.
Their portfolio consists of local companies such as, Brightcove, BzzAgent, BullHorn, Kayak, Visible Measures and more.
from BostInno http://bostinno.com/2011/12/28/general-catalyst-raises-500-million-for-sixth-...