Datadog-backer RTP Global raises $1B fund by reinvesting its own wins
June 28, 2023
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While many venture managers are struggling to convince their LPs to back a fund that's meaningfully larger than its predecessor, early-stage-focused RTP Global didn't face the same issue because it had plenty of its own capital to reinvest. The firm announced Wednesday that it raised a $1 billion fourth fund, a nearly 54% increase from its $650 million vehicle raised in 2020. Visit their website located at the rtp.vc domain name.
2023-06-28
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