August Capital said today it has closed on $450 million for its latest venture capital fund, called August VII. The new raise represents a downsizing of sorts for the 20-year-old Sand Hill Road firm. In 2012 August Capital raised $550 million for its sixth fund, August VI, and prior to that in 2009 raised $650 million for its fifth fund, August V. In a blog post today, August Capital… Read More