Insight Venture Partners Raises $1.49B Towards New Fund
April 30, 2013
Insight Venture Partners, a New York-based investment firm, has raised $1.49 billion of a planned $2.4 billion for a new fund. The firm invests in growth-stage software, e-commerce, and internet and data services companies. The firm previously closed its Fund VII at $1.5 billion in 2011. Insight’s portfolio includes giants like Twitter, Tumblr and Living Social.