By Dan Primack
February 4, 2014

FORTUNE — Venture capital firm Draper Fisher Jurvetson this afternoon will announce that it has closed its eleventh early-stage fund with $325 million in capital commitments.

Fortune had reported last November that DFJ was planning to raise the fund in early 2014 with a $300 million target, and that it would be the first DFJ fund in which neither Tim Draper nor John Fisher would be listed as a general partner (although both will invest their own money in the fund, and remain on the firm’s management committee). Fisher will continue to serve as a general partner on DFJ’s growth-stage fund.

As we wrote at the time:

The three general partners on the fund will be: Steve Jurvetson, Josh Stein and Andreas Stavropoulos.

Jurvetson will continue to focus on unusual, disruptive deals like ReThink Robotics, SpaceX and Tesla Motors . Stein concentrates on enterprise tech deals like Box and Yammer (acquired by Microsoft), while Stavropoulos is oriented toward consumer tech deals like MeetUp and SugarSync.

Among those also helping to invest the next fund will be Bubba Murarka (ex-Facebook), Mohanjit Jolly (head of DFJ India, who will return to Silicon Valley) and Bill Bryant (based in Seattle).

DFJ had raised $350 million for its tenth fund back in 2010.

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