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May 13, 2014 03:00 pm GMT
Giving its new generation of leadership a deep capital pool to invest from, Norwest Venture Partners is expected to announce the close of a new $1.2 billion fund. The announcement of Norwest Venture Partners XII LP comes on the heels of a record year for the firm in 2013, when it saw the liquidation of 11 of its portfolio companies create roughly $10 billion in value. It also caps a remarkable run… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/JsL-7ssfzRU/
With A New Generation Of Leaders Norwest Venture Partners Raises $1.2 Billion
Giving its new generation of leadership a deep capital pool to invest from, Norwest Venture Partners is expected to announce the close of a new $1.2 billion fund. The announcement of Norwest Venture Partners XII LP comes on the heels of a record year for the firm in 2013, when it saw the liquidation of 11 of its portfolio companies create roughly $10 billion in value. It also caps a remarkable run… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/JsL-7ssfzRU/
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