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Norwest Venture Partners raises $1.5 billion fund

Norwest Venture Partners has closed a $1.5 billion fund, bringing the total under management to $7.5 billion. The firm will be using the money to invest primarily in the consumer, enterprise and healthcare categories. And they are looking for opportunities at all stages, from seed stage to growth. Norwest said it has had a record past two years, achieving liquidity events for 30 of its…
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