Palo Alto, Calif. -- Technology Crossover Ventures (TCV), a Palo Alto-based
venture cap[ital firm focused on technology, said on Monday that it has closed a
new $1.4 billion fund. The firm said that TCV VI is the largest technology
focused venture capital fund closed this year, and increases its total capital under
management to $4.7 billion. TCV said that it will continue to follow its core
strategy of expansion and later-stage investment in technology companies.
Founded in 1995, TCV has invested in more than 150 companies.
http://www.tcv.com/news/tcvvi.html
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