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June 28, 2012 03:00 pm GMT

Institutional Venture Partners Raises $1 Billion For Fund XIV, Its Biggest Yet

Screen Shot 2012-06-28 at 1.15.38 AMAngel investing may be hot, but it looks like things are not too shabby for the tech industry's most powerful late-stage venture capital firms either. Institutional Venture Partners (IVP) is announcing today that it has closed on $1 billion for its 14th fund, dubbed IVP XIV. This represents the largest-ever fund IVP has raised in its 32-year history.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/-8e12bCRYmA/

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