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Steve Case’s Revolution is targeting $500 million for its fourth growth fund

Revolution, the Washington, D.C.-based investment firm founded by AOL co-founder CEO Steve Case and former AOL senior exec Ted Leonsis, is raising $500 million for its fourth fund, shows a new SEC filing. Asked about the effort earlier today, the firm — one of whose executives leaves for the White […]

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True Ventures has $840 million more to invest in nascent and breakout startups

True Ventures, the now 15-year-old firm with offices in Palo Alto, Calif., and San Francisco, is taking the wraps off two new funds this morning: it has closed its seventh early-stage fund with $465 million, and capped its fourth opportunity-type fund — used to back its own breakout portfolio companies […]