Boston-Based .406 Ventures Closes Its Third Fund with $217 Million

406-ventures .406 Ventures, a 10-year-old, Boston-based venture firm that focuses exclusively on enterprise-related opportunities, has closed its third fund with $217 million. The total is slightly more than the firm assembled for its first two funds, closed in 2006 and 2011, respectively, with $169 million and $175 million. That’s by design, says senior associate Payal Agrawal Divakaran, who joined… Read More

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