76 venture capital funds from the US raised the combined amount.

A total of $7.4bn has been raised by 76 venture capital funds in the US during the second quarter of 2014. Nearly half of that amount, 48%, was raised by five funds alone.

Among the top five funds are Bain Capital, which raised $650m, and GGV Capital, bringing in $622m. Oak Investment Partners secured $400m, while Iconiq Strategic Partners attracted $393m.

The clear winner however is Tiger Global Management, who towers over the other four at $1.5bn, more than Bain…