Summit Partners, a Boston-based growth equity firm, announced yesterday that it had closed two new funds. Its growth equity fund, Summit Partners Growth Equity Fund VIII, closed on $2.7 billion, and its venture capital fund, Summit Partners Venture Capital Fund III closed on $520 million. Here's a link to their press release: http://www.summitpartners.com/Summit-Partners-Closes-Two-Equity-Funds-with-Combined-USD3Billion-of-Commitments.aspx
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