Silicon Valley-based Scale Venture Partners has closed Scale Venture Partners Fund VII with $600 million in committed capital.
The fund continues on Scale’s strategy of investing in cloud and software as a service companies that are transforming how enterprises work. The firm’s previous fund (Fund VI) closed in July 2018 with $400 million in assets.
Scale Fund VII will be managed by partners Stacey Bishop, Rory O'Driscoll, Andy Vitus, Ariel Tseitlin, and Alex Niehenke.
The firm has also promoted Jeremy Kaufmann to principal . . .
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