D.C.-based Revolution, the venture capital firm founded by former AOL executive Steve Case, announced the close of its third Revolution Ventures fund, amounting to $215 million.

As its other rounds in this venture fund, the capital will be used to invest nationally in early-stage companies focused on multi billion-dollar categories. Revolution Ventures puts an emphasis on investing in startups in underserved geographies, so outside of tech hubs like Silicon Valley. Revolution also oversees two other major funds, the Rise of the Rest Seed Fund and Revolution Growth.

“Revolution is focused on backing entrepreneurs in places that are overlooked by most venture capitalists,” Case, who is Revolution’s chairman and CEO, said in a statement. “Revolution Ventures has a proven track record of identifying promising young companies that need capital and expertise, and then actively partnering with them to scale and succeed.”

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