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Hosla businesses, a firm known for early investments OpenIncreases $ 3.5 billion between the three funds, Wall Street Journal reported. This target firm is 17% larger than the previous 2023 fund $ 3 billion.
About half of the new capital will be allocated to the ninth major enterprise fund. The remaining money will be divided between the $ 1.1 billion increase fund for the Starts Starts and a $ 650 million seed stage.
Hosla and refused to comment on new fundraises.
In 2004, the company founded by Sun Microsystems co-founder Vinod Khosla, after spending five managing directors, including Keith Rabois, who delights the company five years As a general partner in the founders’ fund. During that period of time first steep Khosla Enterprises, Rabois was an early investor at the doorway, confirmation, strip and Faire.
Hosla Venturesin’s first initial $ 50 million checked 5% share In the company’s profit arms reported to grow $ 340 billion worth of $ 40 billion worth of estimates.
