Lightspeed Venture Partners announced today that it’s closed the firm’s latest funding round, bringing in more than $7 billion across four funds that focus on early- and growth-stage companies.

The private equity firm also unveiled Lightspeed Faction, described as “an independent team dedicated to building on Lightspeed’s nine-year history of backing exceptional founders in blockchain infrastructure.” Sam Harrison and Banafsheh Fathieh will lead the new team.