Level Equity Raises $120M For Fund

Level Equity Partnershas raised $120 million for its first fund, AltAssets reports. The U.S. venture capital firm raised the capital for itsLevel Equity Growth Partners Ifund, which was incorporated in 2009.

Theco-CEOs of Level EquityareBenjamin LevinandGeorge McCulloch, both were formerly withInsight Venture Partners. The new vehicle aims to invest in high-growth technology, media and services companies with developing innovative products to serve large markets.

Click here for the story fromAltAssets。