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Wednesday, February 29, 2012

Emergence Capital Closes $250M Third Fund

Emergence Capital Partners, the San Mateo, Calif.-based venture firm, has closed its third fund, Emergence Capital Partners III, with $250 million. The fund target was originally $200 million, the firm said. Emergence now has $575 million under management across three funds, and has backed companies including Salesforce.com, Yammer and Box.
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