West coast venture funds closed in 2012 have run the gamut from the miniscule to monstrous. Institutional Venture Partners XIV hit the billion-dollar mark in June; then, a month later behemoth VC NEA closed its fourteenth fund on a massive $2.6 billion. On the smaller side of things, Founder's Co-Op closed its sophomore fund on $8 million back in January. According to the PitchBook Platform, for the 26 west coast venture funds that have closed this year, the median fund size is $285 million. That's right around the sweet spot for investors like Trinity Ventures, Madrona Venture Fund and Emergence Capital Partners, which have all closed funds between $250 million and $350 million this year.