The venture firm, which is partners with Boston Consulting Group, said it now has in excess of $1.4bn of assets under management.

B Capital Group, the US-based venture capital firm affiliated with consulting firm Boston Consulting Group (BCG), closed its second fund at $820m on Tuesday.

Founded in 2014, B Capital targets growth-stage deals and pursues a portfolio management strategy that involves connecting its companies to corporates which can help them scale, through a network provided by BCG.

The firm invests between $10m and $60m per round, at series B to D stage, and its areas of interest include enterprise software as…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.