Khosla Venture’s $1.05 Billion Fund
Khosla Ventures, the venture-capital firm run by longtime Silicon Valley investor Vinod Khosla, closed a $1.05 billion fund that ranks as one of the biggest new venture funds this year, from which it plans to invest a large portion in clean technology.
In closing the fund, the Menlo Park, Calif., firm is bucking two prevailing trends in the venture-capital industry, including an anemic fund-raising environment that has winnowed the number of venture firms that can raise large pools of capital.
Previously on AllThingsD: What Bad Economy? Three Big Silicon Valley VCs Poised to Haul in $2B in New Fund Raising.