General Catalyst Partners has closed its newest fund, General Catalyst Group VII, L.P. (General Catalyst VII).
With approximately US$675 million in subscriptions, the new fund enables General Catalyst to expand its current portfolio of more than 100 transformative technology businesses with emphasis on growing its Silicon Valley presence. The launch of General Catalyst VII brings the firm’s total capital raised for its funds to approximately US$3 billion.
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In a blog post, the General Catalyst team reflects on the firm’s 13-year journey, its track record of building great companies and its strong expectations for Silicon Valley.
General Catalyst Partners has eleven managing directors on both coasts, with teams in Boston, Palo Alto, San Francisco and New York.
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