Wednesday, March 9, 2011

Battery Ventures did NOT raise a late-stage tech fund

Lots of venture capital firms are raising growth equity funds to, in part, buy secondary stakes in hot private companies like Facebook and Twitter. Battery Ventures, however, is not one of them. I only bring it up because peHUB seems to have misinterpreted Battery's recent filing for a $173 million "Opportunity Fund." A source familiar [...]

Source: http://finance.fortune.cnn.com/2011/03/07/no-battery-ventures-did-not-raise-a-late-stage-tech-fund/

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