In the lately-announced early-stage 350 million Euro venture fund for Index Ventures, all the current limited partners of the London-based investing biggie re-upped their earlier investments. Index Ventures is a venture capital company, with its area of focus largely being investments in information technology and life sciences companies.

Casually shrugging off the ongoing meltdown, company partner Bernard Dalle termed the raising of the fund as a breezy affair, and reported a strong deal flow. Dalle further remarked that raising venture capital in London is not much of a hassle for promising startups - a situation contrasting greatly with that in the Silicon Valley!

Indeed, Index has made funding appear an easy job - with it having torn through a same-sized 2007 fund, and raising a $400 million late stage fund in 2008. However, though, the company's has had its string of big exits in the form of Skype and MySQL, who had helped its eminent partner Danny Rimer rank number 16 on the annual Midas List of Forbes.

There has been no disclosure from either Dalle or any other company source as to how Index intended spending the fund. However, Dalle did make a mention of the latest catchphrase "the cloud" and virtualization; and said that the company will focus on mobile advertising across geographical barriers, reaching out to Europe, US and Israel.