1

Sequoia Raises $700M For Global Growth Fund

view story
linux-howto

http://techcrunch.com – Sequoia Capital filed a form with the SEC today, indicating a $700 million raise for a fund titled Sequoia Capital Global Growth Fund, L.P. While Sequoia declined to comment on the filing, our sources tell us that this fund is actually separate from the international funds that Sequoia raised money for earlier this year. According to what we’ve heard, the Global Growth Fund was created in the past year to allow the firm to partner with larger companies on a global basis on investments. The $700 million noted in the filing is new money raised for the fund over the past months. It’s (IT news)

linuxgeek's picture
Submitted by linuxgeek on 12/18/2012

Stories similar to Sequoia Raises $700M For Global Growth Fund

According to an SEC filing, Silicon Valley investor SV Angel has raised a new round of funding for a fund titled, SV Angel-III Growth P. As we reported in August, SV Angel filed another document with the SEC that indicated the firm was raising another $40 million for a new fund. SV Angel, which was co-founded by angel investors David Lee and Ron Conway, has invested in companies such as Twitter, Z

Digital marketing company Kenshoo has raised $12 million in new funding. The round was led by late-stage investment firm Tenaya Capital, with participation from all past investors, including Sequoia Capital, Sequoia Growth Fund, and Arts Alliance.

Lerer Ventures, one of the better known seed stage venture capital funds based out of New York, is raising a $30 million fund, according to its Form D filed today with the SEC. It’s the third fund in the venture firm’s history and aims to raise the bar a bit from Lerer’s second fund, of $25 million, which it raised in May 2011.

Hey, remember that $325 million fund we said Trinity Ventures was raising last week?

Chamath Palihapitiya, the early Facebook executive who left the company in 2011 to launch The Social+Capital Partnership, said today that he has raised a second fund. Palihapitiya, who was speaking at the Launch conference in San Francisco, didn’t specify the fund size or the limited partners who invested.

Early-stage investment firm Trinity Ventures is raising a $325 million fund, according to a filing with the Securities and Exchange Commission. The firm was founded in 1986, and says it makes seed and early-stage deals on companies in cloud and mobile infrastructure, digital media, software as a service, social commerce, and entertainment. This is Trinity’s eleventh fund.

In September we wrote about how the short-term accommodation-sharing site Airbnb was in the process of raising another round of around $100 million. A Form D filed with the SEC today shows that it’s just north of that: $117 million (or $117,051,696, to be exact). It’s unclear from the document whether the round includes any new investors.

Foundation Capital is announcing its seventh fund, Foundation Capital Fund VII. The VC firm has raised $282 million in new capital, bringing total capital under management to $2.7 billion over 17 years.

Boston-based VC firm Spark Capital is announcing its fourth fund this evening, raising $450 million for the firm’s biggest investment fund to date. Spark, who raised $360 million for its last fund, now has $1.4 billion under management.