Industry Ventures Rounds Up $170M for Third Fund of Funds

Industry Ventures has raised $170 million for its latest fund of funds, exceeding its earlier offering amount.

The San Francisco firm said in a regulatory filing that it had sold all of a $170 million offering for Industry Ventures Partnership Holdings III LP. An earlier regulatory filing for the fund, reporting the sale of $78.8 million in securities, placed the offering amount at $125 million, an increase from an initial $100 million goal ….