Venture capital firm Greylock Partners announced it has raised its 15th fund with a total of $1 billion in capital committed.
Greylock has been an investor in many of Silicon Valley’s top success stories including: AirBnb, Facebook, Instagram, LinkedIn, Palo Alto Networks and Workday.
Greylock says it will continue to invest in consumer businesses that network people together (i.e. Nextdoor, Discord, GoFundMe, Medium, Convoy, and Musical.ly) and in enterprise focused products and platforms that increase productivity, unlock new revenue, and make organizations more secure (i.e. AppDynamics, Cloudera, Docker, Okta, Pure Storage, and Quip). It plans to focus on early-stage investing with this new fund.
Greylock has over $2.1 billion in funds under management with more than 170 IPOs invested in since 1965. Greylock invests in all stages of company growth from Seed to Series A and B rounds and above.
The firm has offices on Sand Hill Road in Silicon Valley, San Francisco and Wellesley, MA.