JMI Equity closes their latest growth fund at $1.7 billion

JMI Equity closes their latest growth fund at $1.7 billion

JMI Equity just closed its latest growth equity fund, JMI Equity Fund X, at it’s cap of $1.7 billion.

 

The San Diego & Baltimore based fund makes investments of $20 million to $200 million in best-in-class software businesses, and is a backer of many late stage San Diego startups including SOCi, Seismic, Classy, and Lytx 

 

This latest growth fund tops their last, JMI Equity Fund IX, which closed in 2018 at $1.2 billion.

 

Read more about JMI Equity Fund X here.

More funding news can be found here.

 

Jenna Greer

Jenna Greer

Jenna is a senior at SDSU, majoring in Public Relations with a minor in Economics. As a San Diego native, she enjoys learning about the startup scene and connecting with inspiring individuals in the area. Her days consist of reading, writing, the ocean, and of course, tacos.

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