Longworth Raising New Fund

Waltham, MA-based Longworth Venture Partners plans to raise $180 million for a new fund, its third, according to regulatory filings cited today by Private Equity Hub. The firm’s first fund of $20.5 million closed in 1999 and its second fund of $120 million closed in 2003; recent payoffs for the firm’s portfolio include Softricity (which was acquired by Microsoft in 2006) and Constant Contact (which went public last year).

Wade Roush is a freelance science and technology journalist and the producer and host of the podcast Soonish. Follow @soonishpodcast

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