MassMutual Ventures now has $450m under management across five funds, with its third main fund to invest in North America, Europe and Israel.
MassMutual Ventures, the corporate venturing subsidiary of US-based insurance provider Massachusetts Mutual Life Insurance, launched its third US fund yesterday with $100m in capital.
Launched in 2014, MassMutual Ventures invests in financial, cybersecurity and digital health technology developers as well as enterprise software providers, participating in early and growth-stage rounds.
The unit has so far invested in almost 40 companies and its portfolio includes equity trading platform IEX, cyber risk management platform CyberGRX and data protection software producer…
