E-Boys Benchmark Capital are still infatuated by the dot-com investments. The company pumped in $10 million into Business.com. Venture Wire reports that they have finished their 1999 fund and scored two big hits in the IPO market:Shopping.com and zipRealty. All this will help with the new Benchmark V fund -which was aiming to raise $400 million as of May, Venture Wire says.
Benchmark closed that fund within weeks of opening it up to LPs. There was more demand than supply for a piece of Benchmark V.
Cheers,
Valerie
VC reporter, Daily Deal.