Bessemer Expands Fund by $350M
Wade Roush2/26/09
Bessemer Venture Partners, which has offices in Boston, Menlo Park, CA, and Larchmont, NY, as well as India and Israel, announced today that it has augmented its current fund family, BVP VII, by $350 million. The fund originally closed in June 2007. “This supplement to our BVP VII fund will ensure that we can take advantage of future investment opportunities and that the companies within the Bessemer portfolio have continued access to capital,” Bessemer COO Ed Colloton said in a statement.
Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.
