Blumberg Capital closes $200 million dollar fund

By Katie Roof

Blumberg Capital is announcing the close of its fourth fund. The team will be managing $200 million dollars, an increase from the $150 million in the prior fund.

Blumberg plans to use the money to invest in early stage startups, particularly in the enterprise, security and fintech categories. Known as the first investor in Nutanix, the Blumberg crew also remains enthusiastic about I.T. companies.

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