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Battery Ventures Stays Keen On B2B Software, Raises Billions

Michael Brown is a general partner with Battery Ventures, and these days, he is feeling pretty good. His firm recently raised two funds totaling $2 billion for B2B software investments, and the future is bright. “We have always thought of B2B as the sexy market,” said Brown, a small dig at venture firms focused on consumer-facing investments but are now expanding their enterprise portfolios. “For us, it’s more of the same.”...