Baird Venture Partners gets a new $170M fund
Baird Venture Partners, which is a life science and information tech investor has closed its third fund. At $170 million it’s over twice as large as its previous one, according to VentureWire.
This new fund is expected to dish out money to about 20 companies. Given that the fund it so much larger than its previous ones, the company should have plenty of money to spend on these companies over its deals.
Baird Venture Partners is based in Chicago, Ill.
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About the Author, MG Siegler
MG Siegler writes about technology trends and new media for VentureBeat, with a focus on mobile topics, social elements and key news stories. Before that, MG wrote about technology on his blog, ParisLemon. Originally from Ohio, MG attended the University of Michigan where he studied film. He's previously lived in Los Angeles where he worked in Hollywood and in San Diego where he did web development. He now lives in San Francisco.