Index Ventures IV closes at €350M; Saul Klein onboard

By Vivek | February 16th, 2007 at 07:24 am ET         

After investing in number of previous successful exits and upstarts including Skype, Last.fm, Netvibes, Zend, MySql, Europe-based venture capital firm Index Ventures is planning to broaden its reach further. With the closing of Index Ventures IV the VC firm has more than €1 billion of total capital under management. Index Ventures will utilize the fund for continued investments in information technology companies while also expanding to life science and green tech sectors.

Index Ventures also announced the addition of Saul Klein as a venture partner at the firm. Sau was global marketing Vice President at Skype and before that co-founder of Video Island, a European DVD rental service. Sau is on look out for new investments and great ideas. If you think you have one, check his blog post at LocalGlobe for contact information.

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