Mayfield raises $750 million across two funds

Silicon Valley mainstay the Mayfield Fundhas raised $750 million across two new funds, the firm said today.
The venture capital firm said its Mayfield XVI will continue to invest in early-stage companies, while its Mayfield Select II will invest in later-stage rounds of breakout portfolio companies. One difference in the new Select fund will be its ability to invest in growth-stage companies outside of its portfolio. 
Navin Chaddha
In its blog post announcing the new funds, Mayfield managin