Backed by SAP, Sapphire Ventures closes Fund VI and builds its Sport team.
Sapphire Ventures, a US-based independent venture capital firm backed by software provider SAP, has raised almost $2bn and expanded its sports-focused investment team with the hire of Chloe Steinberg as a partner.
In its largest fundraise to-date, the firm said the closings of Sapphire Ventures Fund VI and associated co-investment vehicles took its assets under management to $8.8bn.
Sapphire invests in series B through late-stage enterprise technology companies in the US, Europe and Israel and would move beyond SAP as…
