Khosla Ventures racks up $1.4bn for latest fund

Khosla Ventures has raised $1.4 billion for its seventh fund, according to a spokesperson for the venture firm.

Khosla Ventures has raised $1.4 billion for its seventh fund, according to a spokesperson for the venture firm. Khosla will earmark $400 million for seed deals and $1 billion for later-stage companies. The Silicon Valley-based venture firm focuses on early-stage companies operating in financial services, health, big data, agriculture and food, sustainable energy, robotics, internet, and clean technology sectors.