Insight Venture Partners
A leading global private equity and venture capital firm
Founded in 1995, Insight Venture Partners is the fastest-growing venture capital firm specializing in growth-stage Software and Internet investing globally. Insight's team of growth experts is composed of both technology investors and operating executives with significant experience scaling technology companies. Since inception, Insight has raised more than $7.6 billion to invest in market leading companies through both minority and majority deals. Insight's investing flexibility enables companies and entrepreneurs to obtain the deal that makes sense for them, in addition to gaining access to growth expertise and global reach.
www.insightpartners.com
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$22.7M / Series C
Office
680 Fifth Avenue, 8th Floor
New York, NY 10019
USA
Insight Venture Partners isn't slowing down after Yahoo's $1.1 billion Tumblr acquisition last week. The firm announced today that it has raised a whopping new $2.57 billion fund (Insight Venture Partners VIII) dedicated to investments in e-commerce, software, Internet, and data services businesses.
The New York-based firm says existing investors accounted for the majority of the new fund's capital. Since the fund is so large, Insight Venture Partners will be able to make investments worth up to around $300 million. The firm says it will explore both minor and controlling investments in growth-stage and late-stage companies.
Even though it's a global investment company, the massive new fund could be good news for the NYC startup community. At this point, all eyes are on the lookout for the next Tumblr, and I'm sure IVP wants to recreate that exit with the new fund.
Insight Venture Partners' portfolio includes Twitter, Flipboard, and Shutterstock. Since its founding in 1996, the firm says it has raised more than $7.6 billion.
Photo: Devindra Hardawar/VentureBeat