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