Commonwealth Capital Ventures Raises $250 Million in Fourth Fund - Waltham, MA

Commonwealth Capital Ventures, a Waltham-based firm, has raised $250 million for its fourth investment fund. Commonwealth said that it will continue to focus on investments in companies operating in the software and services, communications technology, and analytic and diagnostic instrumentation sectors in the Northeast. Initial investments will typically range from $3 million to $5 million, with up to $10 million or more invested per company over multiple rounds, the company said.

http://www.commonwealthvc.com