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Sapphire Ventures obtains $115M for sports technology fund

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Sapphire Ventures obtains $115M for sports technology fund

Sapphire Ventures LLC garnered $115.0 million in committed capital for its sports technology-focused fund, meeting its target amount.

Sapphire Sport LP, also known as Sportstech Fund LP, attracted 29 investors.

The Palo Alto, Calif.-based venture capital firm invests in technology startups and technology-focused venture capital funds in the U.S., Europe and Israel, according to its website.