BlueRun Ventures, which was once part of Nokia (NYSE: NOK) but is now independent, has raised an initial $200 million for its fourth fund, reports VentureBeat. It plans to secure an additional $100 million later this year. The firm is still investing from its $315 million third fund, but expects to start with this new fund in second half of this year. Its investments are focused on mobile (of course) and consumer digital media and technology.
The firm recently invested in widget firm Slide, which raised a big $50 million round, and $3 million in C3L3B Digital, a casual games startup. It was previously invested in Enpocket, the mobile market company sold to Nokia last year.
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