General Catalyst Raises $714.2 Million for Fifth Investment Fund - Cambridge, MA

General Catalyst Group, a Cambridge-based venture capital firm, has raised $714.2 million for its fifth investment fund, Mass High Tech reported, citing a regulatory filing. Founded in 2000, General Catalyst focuses on technology-based companies. The firm has a total of $1.7 billion under management.

http://www.generalcatalyst.com/