Foundation Capital Raises $282M For Seventh Fund, Will Focus Mainly On Early-Stage Investments

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. We're told the focus of this new fund will be primarily early-stage investing in the consumer internet, information technology and cleantech sectors.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/aDdr8cfNEMU/

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