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The funds are not bound by benchmark or sector restrictions and take greater risks.
In February Instagram raised a $7 million round in funding led by Benchmark Capital.
The other group, led by Benchmark, was pushing for Whitman, with whom the venture-capital firm had a long relationship.
The site was set up by the Egg people and backed by Benchmark, who also put money into eBay, and Bessemer, who invested in Skype.
Vessel is backed by Benchmark, Greylock Partners, and Bezos Expeditions.
Internet stocks continued to fall dramatically, led by benchmark stocks such as Yahoo! and Amazon.com.
However, Internet stocks continued to fall dramatically, led by benchmark stocks such as Yahoo! and Amazon.com.
The round was led by Benchmark Capital, and follows a $2.7 million Series A in 2008.
Marin received $7.25 million in Series B funding in 2008 led by Benchmark Capital.
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