Boston-based Bain Capital has raised $2.4B to invest in late-stage startups.
The firm will focus on cybersecurity, healthcare IT, and fintech.
- Most of the investments will be made in the U.S., while the firm aims to invest in 15 startups.
- Some of the startups that the firm has invested in are:
- Ataccama
- Deltatre
- Hudl, etc.
- Bain claims it tends to avoid investing in startups with both a high growth rate and a high burn rate.
- The company is headquartered in Boston but also has a presence in London.
- This fund will be officially named the Tech Opportunities fund.
- Founded in 1984, the company has made over 100 investments and has had nearly 60 exits.
