Technology News

Scale VP Closes Fund II At $400 Million

Thursday, March 08, 2007 6:00:00 AM PDT | VentureDeal Staff

FOSTER CITY, CA -- Scale Venture Partners, formerly known as BA Venture Partners, announced that it has closed its second fund at $400 million.

Bank of America was previously the sole investor in its earlier fund, and agreed to step aside when other limited partner candidates indicated strong interest in joining the new fund.

New investors include Credit Suisse, Key Capital Corp., Lexington Partners, Liberty Mutual, Macquarie Global Private Equity Fund, Montague Newhall,  Pantheon Ventures, Paul Capital Partners and others.

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