Polaris Venture Partners Announces First Investments From Its Sixth Fund
Summary
Polaris will continue its successful strategy of diversification, investing in the areas of technology, healthcare and growth-equity, with a particular focus on taking early stakes in disruptive opportunities that maximize return for its limited partners. By integrating state-of-the-art technology and specialized care management, working in close partnership with health providers, they aim to enable better access and early diagnosis to women about diseases, including certain forms of cancer. "We can point to successful businesses such as Ironwood Pharmaceuticals and LogMeIn, and the explosive growth of such emerging companies as Shoe Dazzle, as demonstration that this strategy is a win-win for both entrepreneurs and LPs." "As far as we can determine, Polaris VI was one of the ten largest venture funds raised last year," added McGuire. The firms mission is to identify, invest in and partner with seed, early stage and middle-market businesses having exceptional promise, helping them to grow into market-leading companies.
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