INSUBCONTINENT EXCLUSIVE:
RRE Ventures has raised $265 million for its latest fund.The firm was founded back in 1994, and this is its seventh fund (eighth if you
Exits in the last few years include Bitly (acquired by Spectrum Equity), Business Insider (acquired by Axel Springer) and TapCommerce
(acquired by Twitter).General Partner Raju Rishi said that RRE will continue to follow its current investment strategy
That means putting about 60 percent of its money into Series A investments, 5 to 10 percent into seed deals and the rest in B or C rounds.It
Currently, those sectors include healthcare IT, space technology, blockchain, robotics, virtual reality and augmented reality
Business Development Maria Palma added that the firm has also been growing its platform strategy to support portfolio companies in the last
she said.For RRE, that means helping startups connect with larger companies for potential partnerships, and also working with founders to
better understand things like leadership and hiring
(decentralized authentication), Ladder (life insurance), Latch (smart locks) and TheWaveVR (VR experiences for music).
