{"id":414006,"date":"2010-03-11T00:01:36","date_gmt":"2010-03-11T05:01:36","guid":{"rendered":"http:\/\/www.xconomy.com\/?p=67800"},"modified":"2010-03-11T00:01:36","modified_gmt":"2010-03-11T05:01:36","slug":"battery-ventures-closes-750m-fund-2","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/414006","title":{"rendered":"Battery Ventures Closes $750M Fund"},"content":{"rendered":"\n<div style=\"text-transform:uppercase\"><a href=\"http:\/\/www.xconomy.com\/tag\/VC\/\">VC<\/a>, <a href=\"http:\/\/www.xconomy.com\/tag\/deals\/\">deals<\/a>, <a href=\"http:\/\/www.xconomy.com\/tag\/IT\/\">IT<\/a><\/div>\n<p>\t\t<strong>Wade Roush wrote:<\/strong><\/p>\n<p><a href=\"http:\/\/www.battery.com\">Battery Ventures<\/a>, which has offices in Waltham, MA, Menlo Park, CA, and Herzeliya, Israel, said today that it has closed its latest fund at the targeted level of $750 million. The firm says it plans to invest the fund&#8212;its ninth&#8212;in Internet, digital media, financial and information services, cleantech, software, enterprise IT, semiconductors, and industrial technologies. Managing partner Tom Crotty said in a statement that Battery could not have closed the ninth fund at the $750 million target (the same size as its eighth fund) without the &#8220;strong support&#8221; of existing limited partners, who make up 85 percent of the fund&#8217;s investors. Battery&#8217;s Boston-area portfolio companies include ITA Software, Pursway, and Viridity; the firm was also an investor in Akamai (NASDAQ: <a href=\"http:\/\/finance.yahoo.com\/q?s=AKAM\">AKAM<\/a>), which went public in 1999. <\/p>\n<div class=\"postFooter\"><a href=\"http:\/\/www.xconomy.com\/boston\/2010\/03\/11\/battery-ventures-closes-750m-fund\/#comments\">Comments<\/a> | <a href=http:\/\/www.xconomy.com\/reprints\/>Reprints<\/a> | Share: &nbsp;<br \/>\n<a href=\"http:\/\/twitter.com\/home?status=RT%20@Xconomy%20Battery%20Ventures%20Closes%20$750M%20Fund%20http:\/\/xconomy.com\/?p=67800\"  rel=\"nofollow\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/twitter.gif\" alt=\"Retweet\"\/><\/a><br \/>\n&nbsp;<a href=\"http:\/\/www.facebook.com\/sharer.php?u=http:\/\/www.xconomy.com\/boston\/2010\/03\/11\/battery-ventures-closes-750m-fund\/&#038;t=Battery%20Ventures%20Closes%20$750M%20Fund\"  rel=\"nofollow\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/facebook.gif\" alt=\"Facebook\"\/><\/a><br \/>\n&nbsp;<a href=http:\/\/www.xconomy.com\/boston\/2010\/03\/11\/battery-ventures-closes-750m-fund\/email\/  rel=\"nofollow\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/email.gif\" alt=\"Email\"\/><\/a><br \/>\n&nbsp;<a href=\"http:\/\/sharethis.com\/item?publisher=bfda184d-6684-4f7a-a23f-ca4ed4db9287&amp;title=Battery+Ventures+Closes+%24750M+Fund&amp;url=http%3A%2F%2Fwww.xconomy.com%2Fboston%2F2010%2F03%2F11%2Fbattery-ventures-closes-750m-fund%2F\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/share.gif\" alt=\"Share\"\/><\/a>\n<\/div>\n<p>\t     \t\t<br clear=\"both\" style=\"clear: both;\"\/><br \/>\n<br clear=\"both\" style=\"clear: both;\"\/><br \/>\n<a href=\"http:\/\/ads.pheedo.com\/click.phdo?s=c8053fc14e16c14d1b6f442216fca740&#038;p=1\"><img decoding=\"async\" alt=\"\" style=\"border: 0;\" border=\"0\" src=\"http:\/\/ads.pheedo.com\/img.phdo?s=c8053fc14e16c14d1b6f442216fca740&#038;p=1\"\/><\/a><br \/>\n<img loading=\"lazy\" decoding=\"async\" alt=\"\" height=\"0\" width=\"0\" border=\"0\" style=\"display:none\" src=\"http:\/\/a.rfihub.com\/eus.gif?eui=2218\"\/><\/p>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/DDsyNEgW7_6rYkiImPF9XaYCC34\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/DDsyNEgW7_6rYkiImPF9XaYCC34\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/DDsyNEgW7_6rYkiImPF9XaYCC34\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/DDsyNEgW7_6rYkiImPF9XaYCC34\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/Xconomy_Full\/~4\/NH733Tf5eX4\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>VC, deals, IT Wade Roush wrote: Battery Ventures, which has offices in Waltham, MA, Menlo Park, CA, and Herzeliya, Israel, said today that it has closed its latest fund at the targeted level of $750 million. The firm says it plans to invest the fund&#8212;its ninth&#8212;in Internet, digital media, financial and information services, cleantech, software, [&hellip;]<\/p>\n","protected":false},"author":5296,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,7,10],"tags":[],"class_list":["post-414006","post","type-post","status-publish","format-standard","hentry","category-internet","category-news","category-software"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/414006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/5296"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=414006"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/414006\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=414006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=414006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=414006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}