FORTUNE -- RRE Ventures has entered the market with its sixth fund, according to a regulatory filing with the SEC. The New York-based venture capital firm is expected to have an easy time hitting its target of $250 million, the same size as its last fund.
If there is enough demand, RRE may increase the fund by up to $50 million, according to a limited partner familiar with the situation. RRE did not respond to requests for comment
Last October, Jim Robinson, co-founder of RRE, told StrictlyVC that RRE was "mostly through" its fifth fund and that fund six would be in the "same $250 million range."
The fund is expected to be oversubscribed, the limited partner said. RRE has had a number of big exits this year, including the $800 million sale of Braintree to Paypal (RRE invested in Venmo, which sold to Braintree) and the $403 million sale of Makerbot to Stratasys (SSYS). RRE also made early bets in fast-growing startups like Quirky, a seller of unusual inventions, Kik, the popular messaging service, BuzzFeed, the media company and Sailthru, an ad-tech company.
Founded in 1994, RRE's last fund was a 2012 vintage with $230 million in commitments.
Earlier this year, the firm hired Steve Schlafman of Lerer Ventures as a principal to help source early stage deals for mobile services, hardware, and marketplace companies. Schlafman filled a hole left by Adam Ludwin, who remains a partner at the firm but moved to Los Angeles to run his own startup, Koa.la.
As the startup incubator's co-founder steps down, Graham offers budding entrepreneurs several tips.
FORTUNE -- Paul Graham has touched a lot of startups.
Not in the sappy, sentimental way -- though some founders may largely credit him for their success -- but where influence is concerned. Because few in the Valley can claim they have interacted with, advised, and funded as many early-stage businesses as Graham has. Indeed, Y Combinator, the startup MOREJP Mangalindan, Writer - Feb 24, 2014 8:58 PM ET
New fund will invest in seed-stage startups.
FORTUNE -- Nikhil Kalghatgi has spent the last three years investing in early stage startups at Softbank Capital. Earlier this year he left that role to launch his own fund.
Vast Ventures, which describes itself as an early stage venture fund, is in the midst of raising a $50 million investment vehicle, according to an SEC filing. The filing was posted in January.
MORE: Is there an ed-tech investment MOREErin Griffith - Feb 19, 2014 3:55 PM ET
The venture capitalist disputes arguments of another Valley bubble. Also: why Bitcoin is a breakthrough technology that's likely here to stay.
FORTUNE -- Contrary to arguments that Silicon Valley is repeating the same process that led to the dotcom bust in the early 2000s, Marc Andreessen argues tech is doing something entirely different: emerging from an industrywide depression.
"I think we're recovering from a depression, and I think we felt the MOREJP Mangalindan, Writer - Feb 12, 2014 7:00 PM ET
Maveron's Dan Levitan, in his own words, on how he met Trupanion CEO Darryl Rawlings and decided to invest in his company.
FORTUNE -- Maveron is a U.S. venture capital firm based in Seattle and San Francisco that was co-founded in 1998 by Starbucks CEO Howard Schultz and investment banker Dan Levitan. The firm focuses exclusively on consumer businesses, and has made a name for itself with successful investments in the MOREAdam Lashinsky, Sr. Editor at Large - Feb 6, 2014 7:04 AM ET
Founder Collective is just what its name says -- a collective of founders, who happen to be doing deals together.
FORTUNE -- After selling his startup, Behance, to Adobe (ADBE) for $150 million in 2012, Scott Belsky might have done what most successful founders do: leave and start another company. Instead, he's joining a venture capital firm.
By his telling, Belsky is not a serial entrepreneur. He founded Behance in 2006 as MOREErin Griffith - Feb 3, 2014 8:16 AM ET
A global Internet & venture capital investor offers his take on the year ahead.
By Sergio Monsalve, partner, Norwest Venture Partners
FORTUNE -- As we end a successful 2013 for the tech/Internet venture world, I wanted to share some thoughts on what may be coming in 2014 as it relates to major global Internet & mobile trends, the venture capital funding environment, major emerging subsectors of growth, and the public markets.
Top 8 predictions MOREJan 2, 2014 1:08 PM ET
VC firm raises a $75 million fund for tech companies in the Lone Star State, mainly Austin.
FORTUNE -- Austin-based venture capital firm Silverton Partners announced Thursday its new $75 million fund for investing in Texas-based technology companies. The burgeoning tech scene in Austin in recent years inspired Silverton's three partners, Bill Wood, Kip McClanahan, and Morgan Flager, to raise the investment fund, which will focus on seed and Series A MOREChanelle Bessette - Nov 11, 2013 1:14 PM ET
The Kleiner Perkins partner discusses the concepts of deep learning, deep empathy and deep experience.
FORTUNE -- Mike Abbott is a partner at Kleiner Perkins Caufield & Byers, a venture capital firm. As the former vice president of engineering at Twitter, he brought his experience to the firm in 2011 and now focuses on digital investments. He has a bachelor's degree in biochemistry from California Polytechnic State University and has completed coursework MOREChanelle Bessette - Nov 6, 2013 3:05 PM ET
YouTube-based network Maker Studios, which sees about 4 billion streams per month, is raising more money to help expand its global footprint.
FORTUNE -- Maker Studios, the powerhouse network of YouTube channels, said Thursday that it secured an additional $26 million investment, bringing the total amount it has raised since December to $62 million.
Maker, which is behind YouTube mega-hits like Epic Rap Battles of History and PewDiePie, said the additional financing, MOREMiguel Helft, senior writer - Sep 12, 2013 9:00 AM ET
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