Insight Venture Partners Raises $2.57 for its Eighth Fund

Insight Venture Partners, the New York-based venture capital-private equity hybrid firm, has raised $2.57 billion for its eighth fund, according to reports.  To date, the firm has raised $7.6 billion across eight funds, with 190 investments and 24 IPOs.  The firm focuses on technology investments focusing on the software and Internet sectors.  The firm has investments in Twitter, Tumblr and Flipboard to name a few.

To me, this demonstrates the success Insight has had with its model, and also shows the bifurcation of fundraising in the venture market: the haves and the have-nots.  Those established firms that have consistently achieved superior returns for their funds are able to raise money quickly, while those firms that are new or don't have superior track records are left to fight with the sharks.

Here's a link to the Insight Venture Partners website:  
http://www.insightpartners.com/

Here are some links to articles discussing the Insight fundraising:
TechCrunch:  http://techcrunch.com/2013/05/28/insight-venture-partners/

Business Insider:  http://www.businessinsider.com/insight-venture-partners-has-closed-a-massive-new-257-billion-fund-2013-5

ZDNet:  
http://www.zdnet.com/insight-venture-partners-new-fund-2-57-billion-7000016055/