Mayfield Fund Closes $365M Venture Capital Fund
Mayfield Fund has closed a $365m venture capital fund aimed at early-stage IT companies that leverage the themes of mobile, cloud/SaaS, social, energytech, and big data.
Mayfield XIV will be led by Navin Chaddha, along with directors Tim Chang, Robin Vasan, Rajeev Batra, and James Beck, Chief Operating Officer.
Founded in 1969 Mayfield Fund is a global venture capital firm with over $3 billion under management. It has invested in more than 500 companies, resulting in over 100 IPOs and more than 100 mergers or acquisitions. Active portfolios include innovative companies such as Appcelerator, Branchout, Couchbase, Gigya, Marketo, Solarcity, and StorSimple.