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Insight Venture Partners closes on $6.3 billion for 10th growth fund

Insight Venture Partners completed fundraising for its growth equity fund, Insight Venture Partners Fund X.

The fund closed with $6.3 billion in capital commitments, a news release issued by the company said. Fund X will invest in growth-stage software, software-enabled services and internet businesses.

Insight Venture Partners' previous growth buyout fund, Fund IX, closed with roughly $5 billion in 2015.

Investors in the fund include:

A spokesman for Insight Venture Partners could not be immediately reached for comment.