Bessemer Venture Partners is aiming at as much as $1.5 billion fund raising to give support to technology start ups, according to news from two people keeping in touch with the deal. Bessemer seeks for $1.2 at the low end and likely to make venture capital investments from India, US and Israel offices as said by anonymous source since fundraising isn't public. Bessemer has completed its last fund in 2007 and after two years it has achieved fund raising of $1.35 billion. The biggest venture capital firms are enticing millions of dollars from investors emerging from 4 year fundraising slump, Bessemer owing some 5.1 percent of stake in Linkedln Corp. Bessemer is also an investor in Tripwire Inc and giants like Skype.

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This entry was posted on Thursday, March 3rd, 2011 at 8:33 am and is filed under Venture Capital. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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