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November 21, 2011 01:30 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ICj5eljdlvg/
Eyeing Deal Flow, Bain Capital Ventures Heads West; Opens Silicon Valley Office
Bain Ventures, the Boston-based venture capital arm of private equity firm of Bain Capital, has recently opened a Palo Alto office, the firm's first presence on the West Coast. The new office is being led by Bain partner (and former Trilogy alum) Ajay Agarwal. "We needed to be part of the ecosystem out here, and we want to build a business out here for the long term," he explains. Agarwal says that the Palo Alto office will focus on sourcing Series A opportunities and growth capital for startups, in the range of $3 to $5 million. The fund will be investing out of Bain's $525 million fund.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ICj5eljdlvg/
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