Sequoia Capital’s Latest $975 Million Raise Is All About International

It looks like Sequoia Capital finally closed in on that cash we've been hearing about. We've heard that the firm has raised three separate funds for U.S., China and Israeli investments. Our sources say that Sequoia has already raised $450 million for a U.S. venture fund, $325 million for a China venture fund, and $200 million for a fund for Israel-based venture investments. While the amount has already been raised, the funds will be closed in the next month, we hear. This is in line with a Bloomberg report released earlier this week.

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