Draper Fisher Jurvetson closes fund with $325M

Draper Fisher Jurvetson has closed its 11th venture fund with $325 million. The firm has placed a few bets in the life sciences field, including its support for NanoString's ($NSTG) diagnostics work. While Tim Draper and John Fisher remain on the management committee, both have other interests now that will preclude them working as investment partners. Draper will be spending his time at Draper University, where he'll be focusing on restoring the country's seed financing ecosystem. Report