LONDON (Reuters) - London-based venture capital firm 83North said on Monday it had raised $300 million for a new fund targeting European and Israeli consumer and enterprise technology firms.

83North, former backer of food delivery company Just Eat and Swedish payments firm iZettle, bought by Paypal, said the latest round of fund-raising takes its total assets under management to $1.1 billion.

The new fund, 83North’s fifth, was oversubscribed, the company said in a statement, without giving details.

“We continue to invest in all stages, where we work side-by-side with founding teams to build companies and help them scale globally,” 83North partner Laurel Bowden said.

Recent firms it has invested in include cyber security firm Siemplify, founded in Tel Aviv and now operating in New York, and ecommerce firm Mirakl, founded in France and now also in Boston, it said.

While still focused on data centers, cloud, enterprise software, marketplace and financial technologies, the fund would also look to invest in software-as-a-service tech and that focused on “the intersection of IT and healthcare”, it said.

Most of the investors in 83North’s funds are U.S.-based endowments, family offices and pension funds. Its first fund was raised in 2006.

Since then it has invested in 70 companies and made 15 exits, three of which were in so-called ‘unicorns’, companies worth more than $1 billion.