Eclipse eclipses previous fundraises with a whopping $1.23 billion across two new funds
The market may be be tightening, but not for Eclipse Ventures, a Palo Alto-based venture firm that just raised $1.2 billion across two new funds. One fund, with $720 million in capital commitments, will be invested in early-stage outfits, as well as startups that Eclipse itself incubates. The remaining $510 million will be funneled into…