PRINT THIS PAGE US Rho Ventures closes fund with commitments of $425m08/12/2004. Source: AltAssets. 
 US Rho Ventures has closed its fifth fund, Rho Ventures V, with commitments of $425m. The fund will invest in companies seeking early through expansion stage funding in a range of sectors including communications, healthcare and information technology.
Prior fund, Rho Ventures IV, closed with $435m in capital commitments in 2001.
Previous investments include Active Power, Compaq Computer Corporation, MedImmune, NitroMed, Senomyx, Tripod and Vicuron.
Rho's venture capital funds managed to date exceed $1bn.
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