Deutsche Telekom venture arm closes $350 million fund to new money
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BERLIN (Reuters) - Deutsche Telekom's venture capital arm said on Tuesday it was closing its second fund to new money after raising $350 million (£274.6 million) to invest in software service companies that are powering digital transformation.Corporate sponsors SK Telecom of Korea and German optics company Zeiss have joined Deutsche Telekom, HarbourVest, Neuberger Bermann and others in backing the fund, Deutsche Telekom Capital Partners (DTCP) said.DTCP's Venture/Growth Fund II, founded last..