Charles River Ventures Raises $285 Million for New Fund - Waltham, MA

Charles River Ventures (CRV), a Waltham-based venture capital firm, on Monday announced that it has raised $285 million for its latest investment fund, the firm's thirteenth. CRV's current investing activities are focused on software, media, entertainment, communications technology, and data center infrastructure. The firm said it will use its new fund to continue its early-stage investing in these core segments. CRV was founded in 1970.

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