Chris Witkowsky

Meritech Capital Partners, a late-stage investor, is back in the market raising its fifth fund, according to two limited partners with knowledge of the fundraising.

Meritech’s previous fund, which closed in 2011, is reportedly generating an IRR of more than 21 percent and a 1.28x multiple.

SineWave Ventures to focus on connecting Silicon Valley to the public sector

Energized by growth capital from General Atlantic, Squarespace has “great things in store,” said founder and CEO Anthony Casalena.

Wesley Bradle, who began working at CalPERS in 2008, has joined the Florida SBA as a senior portfolio manager

Partner David de Weese said the firm’s partners have about $20 million of their own money tied up in Paul Capital funds, so they are “well aligned with the LPs in seeking to maximize asset value.”

Richard Hall, head of private equity at Teacher Retirement System of Texas, is taking over as head of private equity at Harvard Management Company, which runs Harvard's $32.7 billion endowment.

Firm has quietly raised $325 million for a new early-stage venture fund

Draper Fisher Jurvetson has closed its early-stage focused Fund XI on $325 million after roughly two months in the market, the firm said on Tuesday. Fund XI is the smallest the firm has raised for some time, which reflects the firm's slimmed-down strategy.

Two of the firm’s funds win commitments from New York’s teachers’ pension system