500 Startups Closes Its Newest Fund with $85 Million

500 Startups, the five-year-old, Mountain View, Ca.-based venture firm, has closed its third global fund with $85 million. The nearly 500 investors in the vehicle include Tokyo-based Dentsu, Yahoo Japan and Malaysia Venture Capital Management Berhad, a venture firm backed by the Malaysian government. Venture Capital Dispatch published a report about the fund earlier today. 500 Startups is… Read More...