O’Reilly AlphaTech Ventures raises second fund

Oct 8, 2010 • James Mawson

O'Reilly Media's corporate venturing unit reportedly raises $60m in its second fund, according to news provider Fortune.

O’Reilly AlphaTech Ventures, a US-based corporate venturing fund of publishing company O’Reilly Media, has closed its second fund at $60m, according to local news provider Fortune. The firm focuses on early-stage technology, and its portfolio includes Foursquare, Bit.ly and TripIt after its first fund raised $51m in 2005, Fortune said.

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