Khosla Ventures raising $1.4 billion for new funds

Silicon Valley venture capital firm Khosla Ventures is raising up to $1 billion for its sixth flagship fund, and up to a whopping $400 million for another seed fund, according to SEC filings.

Why it matters: The venture capital world is in the midst of a fundraising boom, with many brand-name firms in market with new vehicles that are larger than their prior efforts.