Menlo Park-based VC firm Shasta Ventures is announcing the closing of its Shasta Ventures III fund today, topping off at $265 million. With the participation of mostly already existing investors, the fund will be the VC firm's largest raised to date, following the $250 million Shasta Ventures II fund closed in 2007 and the $210 million Shasta Ventures I fund closed in 2004. Source: http://feedproxy.google.com/~r/Techcrunch/~3/rdGJCn7GTv4/
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