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Grotech Ventures closes $225M fund – Baltimore Business Journal

By May 13, 2013News
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Venture capital firm Grotech Ventures has raised $225 million that it plans to invest in early-stage technology companies.

The $225 million round, called Grotech Ventures II, is the firm’s eight fund. The firm had originally planned to raise $220 million but expanded to include new investors, said Grotech Managing General Partner and Founder Frank Adams.

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