Social Capital Partnership Raises $275M for Fund II

Social+Capital Partnership, a Palo Alto-based venture capital firm, has raised an estimated $275 million for its Social+Capital Partnership Fund II. Founded by Chamath Palihapitiya, a former Facebook executive, the VC firm invests in healthcare, education, financial services and technology companies. Social+Capital Partnership’s previous fund raised a reported $275 million in January 2012.