Reston-based New Atlantic Ventures, which invests in technology start-ups, has launched its fourth venture capital fund.
The New Atlantic Venture Fund IV expects to raise $125 million, with its first investors contributing $42.5 million in the fund’s initial sale last week.
New Atlantic Ventures currently holds stakes in more than two dozen start-ups, including six in the Washington area. It currently has $230 million in capital under management.
{iframe}http://www.bizjournals.com/washington/news/2012/12/26/new-atlantic-launches-new-vc-fund.html?ana=e_wash_rdup&s=newsletter&ed=2012-12-27{/iframe}