August 16, 2013 / 6:53 PM / 6 years ago

Sequoia Capital raises $1.17 billion for new funds

SAN FRANCISCO (Reuters) - Sequoia Capital, a venture-capital firm known for early-stage investments in companies such as Google Inc, has raised a total of $1.17 billion for three different funds, according to regulatory filings.

The biggest, U.S.-oriented Sequoia Capital XIV, totals $553 million, including an affiliated principal’s fund for firm partners and others.

Its China Venture Fund totals $391.4 million, including two affiliated funds.

Its Israel Venture Fund V totals $227 million, including an affiliated fund.

The Menlo Park-based firm started raising the funds last year. A year ago, it closed on a $950 million growth fund.

Reporting by Sarah McBride; Editing by Gerald E. McCormick

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below