MENLO PARK, Calif.--(BUSINESS WIRE)--U.S. Venture Partners (USVP), a top-tier, early-stage venture capital firm, announced today the closing of USVP XII, a $340M fund. This new fund continues USVP’s premier franchise, successful over nearly 40 years, building leading companies in cybersecurity, enterprise software, consumer and healthcare. USVP XII follows USVP XI, a successful $300M fund that is now fully invested. USVP has led investments in 88 companies that completed initial public offering.