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RRE Ventures closes RRE Ventures V

Mon, 05/11/2012 - 06:00

RRE Ventures has successfully closed the RRE Ventures V fund with capital commitments of USD230 million.

RRE is a New York City-based venture capital firm focused on companies that leverage technologies to disrupt and transform many of the world’s major industries.

Led by Co-Managing Partners James D Robinson IV and Stuart J Ellman, RRE has organised and managed five funds since its founding in 1994, with total capital commitments exceeding USD1 billion.

“We are very pleased with the support we received from the investment community for RRE V,” says Jim Robinson, co-managing partner of RRE. “Our differentiated investment strategy and excellent track record stand out in the venture capital industry."

The investor base of RRE V is geographically diversified with representation in the United States, Europe, Asia and the Middle East. The Fund includes a broad mix of corporate funds, financial service and insurance companies, family offices, endowments, foundations and substantial individual investors.

“For entrepreneurs seeking early-stage capital, RRE Ventures stands out as a partner,” says Co-Managing Partner Stuart Ellman.” Our reputation of working hard for our entrepreneurs and proactively opening doors in the industries undergoing transformative change continues to give us a competitive advantage.”

RRE V's investment program is well underway, with over a dozen core investments and a number of seed-program commitments completed to date. Having built an enduring franchise capitalising on the many ways technology is changing everyday life, RRE V reinforces RRE's commitment to its family of entrepreneurs, the companies they are creating, and the visionary investors who support our mission.

Proskauer has provided legal counsel for RRE V.


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