Monday, December 14, 2015

Foundation Capital Raises $325M In Eighth Fund

Menlo Park-based venture investor Foundation Capital has raised $325M in its eighth, venture capital fund, the firm announced today. Foundation said that Foundation Capital Fund 8 (FC8) will be led by general partners Ashu Garg, Paul Holland, Charles Moldow and Steve Vassallo. The early stage investor has been in business for 20 years, and has been behind such companies as Lending Club, Netflix, Sunrun, MobileIron, and many others.