Benchmark raises its first-ever growth fund as part of $2B capital raise

The legendary abandons its more than 20 year tradition of keeping its funds to about $425 million.

Benchmark raises $2 billion for new VC funds

Benchmark Capital has effectively closed two new funds: $750 million for its 12th flagship early-stage strategy, and $1.25b ...
The Information

Benchmark Raises $1.25 Billion Fund to Back Mature Startups

Benchmark has raised two new funds, one of which will invest in later-stage startups, breaking with the firm’s tradition of exclusively backing early-stage companies. The firm will invest in those ...
Wall Street Journal

Silicon Valley Stalwart Benchmark Breaks From Past, Embraces Mature Startups

Benchmark, one of Silicon Valley’s older venture-capital firms known best for early-stage bets on Uber and Twitter, has raised two new funds and plans to expand into investments in more mature ...

Cerebras IPO makes billions for Benchmark but VC Eric Vishria almost didn’t take the meeting

Benchmark almost never backs hardware startups. So Eric Vishria dragged his feet 10 years ago before agreeing to hear Cerebras' pitch.