Foster City, Calif.-based venture capital firm Scale Venture Partners closed its latest fund at $300m.
Limited partners included pension funds, financial institutions, foundations, funds of funds and family offices worldwide.
Managed by Stacey Bishop, Rob Herb, Kate Mitchell, Rory O’Driscoll, Rob Theis, Andy Vitus, Sharon Wienbar, Alexander Niehenke, Qiyun Cai, and Susan Liu, Fund IV will continue to focus on early-in-revenue technology companies in SaaS, Cloud, Mobile and Internet sectors.
Previous investments include Box, DocuSign, HubSpot, ExactTarget, RingCentral and Omniture.
Kate Mitchell provided further detail on the new fund on her blog (read here).