NYC VC Thrives with $150M Fund
September 11, 2012- Share:
Manhattan-based venture capital firm Thrive Capital has raised $150 million for its third fund, sweeping past its $40 million predecessor. The firm has successfully exited companies such as GroupMe (acquired by Skype in August 2011) and Instagram (officially bought by Facebook August 31, 2012). Its latest fund now has the ability to invest in early or later stage Internet startups.
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