BlueRun Gets $200 Million

BlueRun Ventures has held a $200 million first close on its second independent fund since spinning out of Nokia. It plans to secure an additional $100 million later this year. We had reported last October that the fund was being marketed with a $350 million target, but BRV partner John Malloy says that figure is a hard cap.

peHUB asked Malloy about Slide, the Facebook widget maker (and BRV portfolio company) that reportedly raised a new round at a whopping $500 million valuation. He didn't speak directly to the number, but did say “Slide is definitely a hold for us