Bain Capital's VC Arm Closes $1B Fund For Startups

By Darcy Reddan (November 14, 2018, 1:32 PM EST) -- The venture capital arm of Massachusetts-based private investment firm Bain Capital said on Wednesday that it has closed $1 billion in new funding that will be used for investment in emerging, disruptive companies.

The $1 billion fund is the latest for Bain Capital Ventures LLC, which has launched eight core funds and two co-investment funds over the last 18 years. The company has backed over 240 companies from early growth and its roster of portfolio companies includes Liberty Dialysis, SolarWinds, LinkedIn and Kiva Systems, which is now known as Amazon Robotics.

"For disruptive B2B startups, we believe we have built a...

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