June 11, 2014 | The global venture capital firm Index Ventures raised a total of €400 million ($550 million) in funding for tech startups in Europe, the United States and Israel. The current round marks the seventh early-stage round for the 18 year-old company that has raised upwards from €3 billion ($4 billion) since it was founded. According to Index Ventures, they intend to focus on the “core hubs” of innovation, which include London, San Francisco, Berlin, New York, Stockholm, Tel Aviv and Paris. Just last year seven of Index Venture’s companies achieved billion dollar exits, which may explain why the company is looking to invest in the ‘fresh meat’ of the tech scene.
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