Insight Partners has raised $12.5 billion, marking its 13th fund and the largest haul by a venture capital firm in over two years

"Insight Partners has closed on $12.5 billion for its newest set of funds, marking the largest raise by a VC firm in over two years amid a reset in tech investing."

"As investors in venture capital funds backed off due to plunging tech stock prices and geopolitical chaos, Insight lowered its initial fundraising target from $20 billion to $12.5 billion."

Read at Business Insider