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Patty Tascarella

Pittsburgh-based venture capital firm iNetworks LLC has more capital in hand. The iNetworks Opportunity Fund LP has raised $21 million toward a $100 million goal, according to a filing with the U.S. Securities and Exchange Commission.

John Haynes, iNetworks senior investment manager, confirmed the fundraising and said it is able to invest from the fund. But he could not provide further details, such as identifying investors in the new fund, at this time.