Benchmark Capital Creates Balderton Capital.
PR Newswire Europe, June, 2007
LONDON, June 8 /PRNewswire/ -- The partners of Benchmark Capital and the partners of Benchmark Capital Europe are pleased to announce the creation of a separate European business, newly renamed as Balderton Capital. Balderton Capital will have approximately USD 1.5 billion under management, making it one of the largest venture firms in Europe. Balderton has invested in over 70 companies across Europe, Russia, China and the US in the software, hardware, consumer Internet and clean-tech sectors.
"Seven years ago, we were the first Silicon Valley firm to set up a group of investors in Europe. Today's announcement is the natural next step, given that team's emergence as a leader in venture investing in Europe," said Bruce Dunlevie, general partner of Benchmark...
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