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Posted By: Rusty <freemanass@aol.com>
Date: Wednesday, 15 June 2016, at 5:11 p.m.

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The bulk of the cash was raised by a handful of venturefirms amassing outsized funds. Greylock raised $1 billion,becoming the first U.S. venture capital fund to cross thatthreshold this year for a single fund. Sequoia Capital raised$552.9 million for its U.S. Venture Fund XIV, plus $391.4million for Sequoia Capital China and $227 million for SequoiaCapital Israel V.

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