With investors enthusiastic about hot technology start-ups, a major venture capital firm has raised $1.2 billion for its new fund.
The Silicon Valley firm Norwest Venture Partners said on Tuesday that it planned to invest the money in companies across different sectors and at varying stages of growth. With the fresh capital, Norwest said it had roughly $5 billion under management.
Image: http://dealbook.nytimes.com - Gary Wagner Matthew Howard, a managing partner at Norwest Venture Partners, in 2006.
