VC fund raising round-up

By Vivek | July 17th, 2007 at 03:11 pm ET         

For those who are looking to raise to money and want to know who has the coffers filled up -

Spark Capital: VC firm Spark Capital today announced that is has closed its second fund, Spark II. Amount of money raised was - $360 million and the total capital under management will now be $622 million after including Spark I. Spark will be looking to invest mainly in media, entertainment and technology space. Some of the existing investments include 4th Media, KickApps, Me.dium, and Veoh.

Battery Ventures: The VC firm announced last week the close of its eighth multi-stage venture fund at $750 million. According to VentureWire, Battery will be focusing more on financial services, clean technology and advanced materials.

NEA IndoUS Ventures: Earlier this month NEA IndoUS Ventures announced that it has raised $189 million that will be focused on investing in India-based businesses. Among others Vinod Dham will be leading the investment strategy at NEA IndoUS. Existing investments include Minekey about which I have written few times before.