Index Ventures raises $542 million to invest in early-stage companies

Posted Jun 11, 2014

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,, Zendesk, Criteo, and Arista Networks. Ever since Index was founded in 1996, the company raised around $4 billion.
[Source: The Next Web]