Bessemer Venture Partners raises largest fund yet at $1.85b

Bessemer Venture Partners (BVP), a US based venture capital firm, which is also a significant investor in India, has closed its largest fund yet at $1.85 billion. Through the new fund BVP X, Bessemer will continue to invest in early-stage technology companies from seed to Series B levels through its 14 offices across the US, Israel, and India. The venture capital firm invests through a single fund and makes investments across the board ranging from $50,000 to $100 million.

“The firm will invest in their areas of expertise and experience spanning consumer, enterprise to healthcare and software to hardware, transforming existing industries and creating revolutionary ones,” Bessemer said in an official statement.

Navojit Dastidar