Greylock Raises Billion for New Emerging Technology Fund

When Greylock raised $1 billion for its 14th fund in 2014, the company said it was going to focus on two areas: enterprise cloud and mobile. Two years later, the tech landscape has changed, and the legendary Silicon Valley venture-capital firm has raised another $1 billion for its 15th fund to invest in the new future of emerging technologies. “Some of these spaces are more mature now,” Greylock partner James Slavet told Business Insider. “The $100 billion question is where are we going to find the next really really big companies. Are they going to look different in terms of the spaces we’re in historically?” Greylock has already had massive successes in its two core areas, consumer and enterprise. It has already invested in four public companies with market caps above $10 billion:…

Link to Full Article: Greylock Raises Billion for New Emerging Technology Fund

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