Tuesday, July 17, 2007

Spark Capital Closes Second Fund at $360M - Boston, MA

Boston venture capital firm Spark Capital reports closing a $360 million fund, the firm's second.
The fund will continue the firm's focus on investments in the media, entertainment and technology industries. The new fund increases the firm's total capital under management to $622 million, officials said.

Spark Capital, founded in 2005, plans to use the new fund to increase deal sizes and expand investment stages, according to officials. Active investments include New York-based KickApps Corp., Colorado-based Me.dium Inc. and California-based SendMe Inc.



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