The fund, titled Index Ventures II, will invest more than 60 percent of the $300 million in technology companies, such as enterprise software, middleware, storage, wireless and optics companies. The remainder will be invested in life-sciences companies.
Index Ventures plans to invest in European companies and U.S.-based companies that intend to expand into Europe, said a company spokeswoman. The investments will also focus on companies that are in the early stages of development.
Investors in the fund include Cisco Systems, Oak Investment Partners, UBS Capital, LGT Capital Partners, HarbourVest, Standard Life Investments, Partners Group, VCM, Unigestion, Eurazeo, the Schroder Group, Thomas Weisel Partners, BTV, Frank Russell Co., Invesco, Grove Street Advisors and pension and endowment funds.
Index previously raised a $180 million fund and has invested in more than 22 technology and life-sciences companies.