Venture capital firm RRE Ventures held the final closing of its latest fund at $280m.
Fundraising for the vehicle was completed in approximately six weeks. Investors include corporate funds, financial service and insurance companies, family offices, endowments, foundations and substantial individual investors from the United States, Europe, Asia and the Middle East.
RRE Ventures VI, LP, will invest in companies that leverage technologies to disrupt and transform many of the world’s major industries.
Founded in 1994 and led by Co-Managing Partners James D. Robinson IV and Stuart J. Ellman, RRE is headquartered in the New York metro market.