Highland Capital Partners hits €250m hard cap for European fund


euros_lrgVenture capital firm Highland Capital Partners has hit the €250m hard cap for its latest fund.

Europe Tech Growth, which is the firm’s first Europe-focused fund, has made nine deals since reaching its first close, said TechCrunch.

Last October the firm closed its ninth early-stage fund, Highland Capital Partners 9, on $400m.

Highland is focused on technology investments. Its portfolio companies include Infinio, which develops software solutions forthe enterprise data storage market, and Calxeda, which aims to make data centres more energy efficient.

Alongside its technology funds, Highland also launched its High Consumer Fund in 2007, which targeted companies in growth-oriented consumer-facing businesses.

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