Lead Edge Capital Raises $950 Million

NEW YORK & SANTA BARBARA, Calif.–(BUSINESS WIRE)–Lead Edge Capital (“LEC” or the “Firm”), a technology focused growth stage investment fund, today announced the closing of Lead Edge Capital V, LP (“Fund V”). Fund V was oversubscribed and closed at its hard cap, with $950 million of commitments from over 500 existing and new limited partners. The addition of Fund V brings the Firm’s total capital raised since inception to over $3 billion. Lead Edge Capital was founded in 2009 and invests in gr