Spark Capital Raising $375 Million Growth Fund After Twitter Win
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Spark Capital, an early investor in Twitter Inc. and Oculus VR Inc., is aiming to raise a $375 million fund to back later-stage startups.
The firm submitted a filing yesterday for Spark Capital Growth Fund LP, and listed partners Paul Conway, Todd Dagres, Bijan Sabet and Santo Politi as principals, along with Jeremy Philips. No money has yet been raised for the fund, according to the filing with the U.S. Securities and Exchange Commission.