Index Ventures raises $542 million to invest in early-stage companies
This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry
Index Ventures has announced that it has $542 million for a fund to invest in seed-stage companies that have raised under $20 million. Index Ventures said that it will invest primarily in European startups, but will make a few investments in U.S. companies as well. This new fund will go towards companies in the big data, financial services, fashion, mobile, e-commerce, and security markets. Some of the successful investments Index made were in Just Eat, King.com, Zendesk, Criteo, and Arista Networks. Ever since Index was founded in 1996, the company raised around $4 billion.
[Source: The Next Web]