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The Boston Globe

Business

3 Mass. venture firms stand out in fund-raising

Three local investment firms that back young technology and life sciences start-ups lead the ranks of venture capital fund-raising so far this year, beating similar firms in the Silicon Valley and New York City.

Battery Ventures of Waltham, Third Rock Ventures of Boston, and Spark Capital of Boston were the top three in raising new funds from investors during the first quarter of 2013, in which overall investments to venture firms nationwide was $4.1 billion.

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