Bain Capital Ventures has raised a new, $600 million fund, the venture capital firm disclosed in a Friday regulatory filing.
The venture arm of Bain Capital, with offices in Boston and New York, had last raised $935 million in 2014 between a $715 million core fund and a $220 million coinvestment fund. Bain Capital Venutres spokeswoman Elizabeth Bride told BostInno that the $220 million fund "is still active and will continue to invest alongside Fund 2016 on our larger investments."
With the new fund, Bain Capital Ventures is keeping the same strategy, writing checks ranging from $1 million through $100 million and focusing on technologies companies that work in "security, compliance, cloud virtualization and open source development," along with "enterprise software, data ad informatics, retail and marketing, healthcare and IT services," as reported by TechCrunch back in 2014 when the previous funds were announcement.
In addition to the $600 million core fund, Bain Capital Ventures raised a smaller, $3.75 million fund that's part of the main one, but is structured slightly different for individual investors, Bride said.
