Atlas Venture Raising Half a Billion

Wade Roush11/5/08

Waltham, MA-based Atlas Venture has embarked on fundraising for a new venture capital fund, and hopes to raise $500 million, according to reports today in VentureWire and PE Hub. It’s the eighth fund the firm has raised since its founding in 1980; the seventh fund, closed in 2006, totaled $385 million.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @