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Blumberg Capital targets $100m for new venture fund

22 Jun 2012

Blumberg Capital, the San Francisco-based venture firm that recently sold portfolio company Mertado to discount coupon giant Groupon, is looking to raise up to $100m for its latest fund, according to a filing with the US Securities & Exchange Commission.

The firm, which also has operations in New York and Israel, will use Blumberg Capital III to invest in early-stage technology businesses.

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