FOSTER CITY, Calif.-Venture-capital company BA Venture Partners said it closed BAVP Fund VII, a $400 million fund it will invest during the next four years.
“We’re planning to invest close to $150 million of the new fund in the digital consumer space, which for us includes every kind of media at the device and content level,” said Kate Mitchell, managing director of BAVP.
The group will target early- and development-stage opportunities in semiconductors, networking and consumer electronics, Internet and wireless services, and software-as-service applications, as well as a variety of healthcare applications.
