Charles River Ventures Closes Fifteenth Fund at $375M

Charles River Ventures (CRV), a Cambridge, MA and Menlo Park, CA-based early-stage venture capital firm, has closed its fifteenth fund, at $375m.

As stated by Izhar Armony, general partner, the fundrainsing was closed in two months.

With CRP XV, the firm will continue to focus on investing in early-stage technology companies within the mobile, Internet, and software segments, as well as emerging companies focused on energy and intellectual property.
The investing partners of the fund include Izhar Armony, Jon Auerbach, Saar Gur, Bruce Sachs, Devdutt Yellurkar and George Zachary.

CRV portfolio already includes Zendesk, Yammer, Hubspot, Millennial, Vlingo, Affirmed, SpiderCloud, Fiksu, Webaroo, Rive, 24M, TerraPower, Udacity, and iControl.



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