Index Ventures Amasses $1.25 Billion to Back Tech Startups
- The Skype and Dropbox backer will rev up investment in 2016
- Time may be right for deal-making as public markets correct
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Index Ventures, known for funding startups like Skype and Dropbox, has raised a fresh $550 million fund and expects to accelerate its deal making in 2016.
The venture firm, armed with as much as $1.25 billion after having spent little of the $700 million it raised last April, refrained from jumping into many late-stage deals last year in part because it felt valuations were too high. With private tech valuations expected to come down, the time may be ripe for deal-making in 2016, Index Ventures Partner Mike Volpi said.