By Sean Wolfe

London’s Index Ventures, an early stage investor in Europe, said Tuesday it closed a fourth fund round at more than $400 million.

That brings Index’s total capital under management to over $1.3 billion, which the firm invests in the information technology, life sciences, and clean tech sectors.

“What’s happening now, is that Europe has gotten to the point where it can support a number of great VC funds, and sophisticated LPs recognize that,” said David Rimer, co-founder and general partner at Index.

The firm also has brought aboard serial entrepreneur Saul Klein as a venture partner. Mr. Klein was formerly global marketing vice president at Skype, and before that he founded VideoIsland, Europe’s answer to Netflix for online DVD rentals.

It also hired Mark De Boer, former founder of PanGenetics, an Index portfolio company that develops and licenses antibodies to treat pain, arthritis, and other ailments. Index announced it had promoted principal Michèle Ollier, formerly with LCF Rothschild Venture Partners, to partner status, a move to build up its life sciences practice.