Battery Ventures Plans to Raise $750 Million for New Fund

Authored by Mark Hefflinger on October 5, 2009 - 7:44am.

Waltham, Mass. - Venture capital firm Battery Ventures plans to raise $750 million for its newest investment fund, the firm's ninth, according to a report by PEHub.com.

Founded in 1983, Battery focuses on a range of sectors, including Internet and digital media, financial services, clean tech and advanced materials, and software, among others.

The firm invests as little as a few hundred thousand dollars in seed money and up to $100 million at the upper end of its range.

http://www.battery.com