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July 18, 2016 03:08 pm GMT

Thrive Capital has closed its newest fund with $700 million

shutterstock money u.s. currencyThrive Capital, a New York-based, stage-agnostic venture fund that focuses primarily on media and internet investments, has closed its fifth fund with $700 million. The seven-year-old outfit is now managing a little less than $1.5 billion altogether.Thriveclosed is fourth fund with $400 million in October 2014, so the new fund is a sizable step-up. Then again, the Thrive holds stakes in… Read More

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