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Cuyana is one of Canaan Partners' portfolio companies. | Image courtesy: Cuyana

Canaan Partners closes Canaan XI fund with $800 million

Canaan Partners, a Silicon Valley-based early-stage venture capital firm, has closed its 11th fund, Canaan XI, with $800 million. Canaan XI, is the 30-year-old fund’s largest fund to date ahead of raising $675 million in 2014 and $600 million 2012 for past funds. The new fund will target investments in the fintech, marketplaces, enterprise and cloud …

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