Activant Capital closed $129 million growth-stage fund

Greenwich, Connecticut-based Activant Capital has closed a $129 million late-stage venture fund. The firm was founded in 2013 by Steve Sarracino and has seen six liquidity events so far, a sizeable chunk of the 18 companies it’s invested in. One of those was Hybris, an e-commerce software business that sold to SAP for $1.4 billion. …

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