By  on February 14, 2018

Norwest Venture Partners — an investor in beauty and other consumer sectors — has closed a $1.5 billion fund.

The fund, Norwest Venture Partners XIV LP, is the firm’s largest to date, and will invest in “disruptive and market-leading companies from seed to late-stage across consumer, enterprise and healthcare sectors,” the company said. Norwest’s previous fund closed in January 2016 with $1.2 billion. Since then, the firm has made 80 investments.

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