Sources: Benchmark raised $2B across two new funds, including a $1.25B fund for late-stage bets, its first growth fund after decades focusing on new startups (Kate Clark/Wall Street Journal)
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Kate Clark / Wall Street Journal: Sources: Benchmark raised $2B across two new funds, including a $1.25B fund for late-stage bets, its first growth fund after decades focusing on new startups - After a late-stage bet on Cerebras delivered big returns, Benchmark decided to raise its first-ever growth fund