Israel's
Pitango -- backers of Boxee, Anobit (now part of Apple), fring, mySupermarket, and many other startups -- ?is gearing up for a new round of investment activity: the venture capital firm has
announced a $150 million first closing on its latest fund. The firm is aiming for Pitango VI, as the fund is called,?to eventually total $250 million. As with previous investments, Pitango says that it will be using this fund for seed, pre-seed and growth-stage investments in older companies. All investments from now will come out of this fund, it says.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/BA4zfrDE0Gg/
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