Report: Blumberg Raises $200M For Fourth Fund

February 4, 2015 | The venture capital firm Blumberg Capital, a firm that invests at least half of its wealth in Israel, will raise money for its forth fund totaling $200 million, according to a “Calcalist” report. “Calcalist” reports that it was able to ascertain the information from documents Blumberg Capital filed with the US Securities and Exchange Commission. According to the report, David Blumberg and his firm have received guarantees of investments totaling $80-90 million from a number of investors, money that within the coming months, the firm is expected to begin investing. The new fund will be Blumberg’s largest to date, with the firm raising a $150 million fund in 2013. The early-stage venture capital investment firm was founded in 1991 and is based out of San Francisco, California.