RRE Ventures Seeks $300M For Fund

RRE Ventures is seeking to raise about $300 million for its fifth technology fund.

RRE Ventures is seeking to raise about $300 million for its fifth technology fund, The Wall Street Journal reports, citing Venture Wire. The firm raised the same amount in 2007 with its latest fund.

RRE Ventures is a venture capital firm focused on investments across several disciplines, including software, Internet, mobile and financial services. It has provided over $1 billion of venture capital financing for more than 125 companies.

Click here for the story from The Wall Street Journal.