Prominent venture capital firm Index Ventures has raised $706 million for a new growth fund, according to a new filing today with the U.S. Securities and Exchange Commission.
Officially designated as Index Ventures Growth III (Jersey) LP, the new fund, which comes out to 650 million euros, according to a clarification in the filing, will enable Index to keep investing in startups right alongside other venture heavyweights that have raised new funds recently, including Andreessen Horowitz and Kleiner Perkins Caufield & Byers. And last year Google Ventures allocated $100 million for a Europe expansion. (Hat tip to Fortune’s Dan Primack for flagging the filing.)
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":1689412,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,entrepreneur,","session":"C"}']With offices in San Francisco and Europe for investing in technology and life sciences startups, Index Ventures started in 1996. Index has backed startups such as Anki, Bla Bla Car, Dropbox, Etsy, Facebook, Factual, Lookout, MoveLoot, Nginx, Path, Secret, Stack Exchange, and Trello.
Last year Index Ventures announced a $542 million fund for backing early-stage startups.
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Index Ventures did not immediately respond to a request for comment about the new fund.
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