U.S. Venture Partners raised $293 mln towards $350 mln 12th fund

U.S. Venture Partners, the Menlo Park, California-based firm, has raised almost $293 million towards a $350 million fund 12th fund, according to a regulatory filing. USVP increased the size of the fund by $50 million. The SEC filing from a year ago stated that the firm was seeking $300 million.

General Partners Casey Tansey, Steve Krausz, Jonathan Root and Rick Lewis are listed on the filing.