
Index closed a $700m fund in 2015 to invest in later stage companies, while it has been bolstered even further with a $550m fund to deliver seed and venture capital to startups.
The additional pot coincides with the companies fifth year of operation in San Francisco and 20th in Europe, thus Index will support emerging enterprises across the US, Europe, and startup hotspot Israel.Read more from the venture capital sector:
- Global VC funding in free fall – but not in UK, where firms raised £1.3bn in Q4 2015
- From kitchen table project to six-storey Covent Garden flagship in six years
- Struggling to find a parking space? JustPark steps up its effort to solve driving headache
He said: “The need for speed requires enterprises to transform their tooling and how they enable teams to make decisions. In that context, I look forward to working with some exciting entrepreneurs to build great companies.”
Share this story