Exit Machine Sequoia Raises $1.35B -- Without Mark Kvamme: UPDATED
Fresh off a year filled with sizable exits, Sequoia Capital has processed a new regulatory filing with the SEC, revealing it has raised more than $1.35 billion for its newest fund, Sequoia Capital 2010, which the firm began raising in 2009. The news was first reported by Fortune. UPDATE: A source at Sequoia who asked not to be named played down the report about the fund, saying it was old news. The fund was raised "quite some time ago," and the only reason it hit the press was because Sequoia was required to file a statement about the fund with the SEC, the source said. -Ed.
25 January 2011•2 mins read
