The Aurora Funds, one of the most active venture capital firms in the Southeast, has another $50 million to put to work.

The RTP-based venture capital firm said Thursday that it closed in late August on its Aurora V fund of some $50 million. Aurora, which was launched in 1994, now has more than $200 million under management.

“This record first closing exemplifies the continued success of Aurora,” said Jeff Clark, managing general partner at Aurora. “In the last eighteen months, Aurora has made investments in seven new companies, had three IPO’s and four exits.”

Aurora has backed several regional startups recently, including RTI-spinoff Nextreme Thermal Solutions, HyperBranch, Centice, Metabolon and Unitrends in South Carolina. Aurora also recently participated in B round financing for Regado Biosciences.

Aurora said it would remain focused on seed and first-round financings in life science and information technology companies. Its primary geographic focus is across the Southeast and the Washington DC-Baltimore metropolitan area.

Aurora said points of emphasis for Aurora V investments would be network and Internet infrastructure software, semiconductors, data communications, photonics and nanotechnology.

“In addition, the firm will pursue situations where there is a merger of life sciences and information technology capabilities,” Aurora said in a statement.

Aurora said a mixture of new as well as existing investors participated in Aurora V.

“We are very excited about the momentum and the quality opportunities we are seeing in the region,” added Scott Albert, managing general partner.

Aurora: www.aurorafunds.com