Emergence finishes raising second fund, at $200M

Emergence Capital Partners, the San Mateo, Calif. venture capital firm has finished raising its second fund, which will total $200 million.

Returning limited partners include California Public Employees’ Retirement System, Fairview Capital Partners, Morgan Stanley Inc., University of Michigan and University of Minnesota, partner Brian Jacobs told VentureWire.

Emergence invests in online software service companies.

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