Blue Delta Capital Partners raised $150 million for its latest fund, beating its initial $125 million target.
The McLean, Va.-based company raised Blue Delta Capital Fund II, its third pool of capital, in four months.
The fund will back government services companies, committing $10 million to $30 million to each investment.
Cooley LLP serves as fund counsel.
Blue Delta Capital is a venture capital firm with a focus on the U.S. government technology market.
