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Boston-Based VC Firm And Early Twitter Investor Spark Capital Raises $450M For Fourth Fund

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http://techcrunch.com – Boston-based VC firm Spark Capital is announcing its fourth fund this evening, raising $450 million for the firm’s biggest investment fund to date. Spark, who raised $360 million for its last fund, now has $1.4 billion under management. Partner Bijan Sabet tells us this fund was oversubscribed. Founded in 2005 by Todd Dagres, Santo Politi and Paul Conway, Spark Capital invests across a broad group of areas in technology, including advertising and monetization, commerce and services, cloud and infrastructure, social, mobile and content. The portfolio includes Twitter, Tumblr, Foursquare, (IT news)