Summit Partners has closed its eighth growth fund on $2.7 billion, beating its revised $2.5 billion target, according to two sources with knowledge of the fundraising. The firm has also closed its third venture capital fund just above its $500 million target on $520 million.
The firm on Thursday officially confirmed the closure of the two funds on a combined $3.22
Summit Partners closes $2.7bn growth fund
The Boston-based firm has closed its eighth growth fund after nine months on the market, and also closed its third venture fund on $520m.
