Benchmark goes big again with new $425 million in 8th investment fund
Benchmark Capital has raised $425 million in their eight investment fund. This is the same amount that Benchmark raised in January 2011 as part of an oversubscribed seventh round. Bill Gurley, Peter Fenton, Mitch Lasky and Matt Cohler are overseeing this fund. Headquartered on the well-known Sand Hill Road in Menlo Park, California, Benchmark Capital was founded in 1995 and invested in eBay, Juniper Networks, Red Hat, OpenTable, Twitter, and Snapchat.