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Longworth Nabs $122M for Third Fund

Ryan McBride 8/5/09

Longworth Venture Partners, a Waltham, MA, venture firm that invests in software, Internet, and wireless businesses, has raised $122 million of $180 million it wants for its third fund, PE Hub reports, citing a regulatory filing. PE Hub said that Longworth secured $120 million for its second fund in 2003, and raised $20.5 million for its maiden fund in 1999.

Ryan McBride is Xconomy's correspondent. You can reach him at rmcbride@xconomy.com, or follow him on Twitter at http://twitter.com/Ryan_McBride.

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