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. The VC firm would not comment on investment plans for the new fund, citing Securities and Exchange Commission restrictions on new fundraising activities.
To read the original article: New Atlantic Ventures launches new VC fund - Washington Business Journal
