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Bessemer raises $5.75 billion in new funds, expands growth efforts - The Economic Times
The San Francisco-based venture firm is allocating $4 billion of the funds to growth-stage financings, which include funding young companies raising large rounds at high valuations, according to firm partner Byron Deeter. The remaining $1.75 billion will go towards younger startups raising capital at the inception phase or soon after, Deeter said.
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