Insight Partners has successfully closed Fund XIII and its second Opportunity fund, amassing $12.5 billion in new capital. This latest round brings Insight's total assets under management to $90 billion. The funds will primarily be allocated towards buyout software investments and reinvesting in existing portfolio companies. Notably, Insight's recent performance includes over $8 billion in exits through acquisitions. The firm remains competitive against rising VCs like Thrive, co-leading significant deals, including Databricks' $10 billion funding. This strategic move solidifies Insight's position as a leader in the venture capital landscape.