Boston-headquartered venture capital firm OpenView Venture Partners has launched its fourth fund.
OpenView Venture Partners IV has yet to register its first investment, according to a document filed with the US Securities and Exchange Commission.
The firm did not specify how much it was looking to raise for the fund, which follows its 2012-vintage $200m third vehicle. The fund eclipsed its target by $50m.
OpenView invests $5m to $20m in software and technology companies with annual revenues of between $2m and $20m.
Last November OpenView hired enterprise software expert Dev Ittycheria as its third managing director.
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