NightDragon Is Plotting a Bigger Cybersecurity Venture Fund
(Bloomberg) -- Cybersecurity venture capital firm NightDragon is preparing to launch a second investment fund in 2022 and is targeting a larger raise than its initial $750 million Growth I fund, according to people familiar with the matter.
The group has deployed about half of the Growth I fund at an average investment of $25 million to $50 million, the people said, asking not to be identified because the discussions are private.
A representative for NightDragon declined to comment.
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