Apr
27
IVP Raises $1.4 Billion for Latest Venture Fund
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Late-stage venture firm Institutional Venture Partners said on Thursday it had raised $1.4 billion for its latest fund, IVP XV, showing continued investor appetite for late-stage private companies even as the public market’s appetite seems to be flagging.
The fund marks a considerable boost over the $1 billion IVP XIV raised in 2012, and to some extent reflects the growing tendency of late-stage startups to delay tapping public markets for funds and instead turn to late-stage investors. Josh Kopelman at First Round Capital has dubbed the phenomenon the “Private IPO.”…
IVP Raises $1.4 Billion for Latest Venture Fund
