BEN FRANKLIN TECHNOLOGY PARTNERS RAISES LARGEST FUND AMOUNT EVER

A venture capital company that provides financial coverage for many tech start-ups in Pennsylvania has raised its largest-ever amount of capital. Company leaders at Ben Franklin Technology Partners say the group has secured 28-million-dollars of a 100-million-dollar goal. The initiative, called the GO Philly Fund, is now looking to more than quadruple with its latest efforts. Administrators hope it will also continue to establish Pennsylvania as a hub for innovation. The Ben Franklin Technology Development Authority is affiliated with the program.