The fund was also oversubscribed, PE reporter Dan Primack adds.
That's an incredible amount of money.
But then, Spark has had incredible success investing in some very hot startups – from Tumblr to OMGPop to Twitter to newer hits like Warby Parker, Adapt.tv, and Triggit.
Correction: An earlier version of this story said Spark raised $425 million in two weeks. The fund is actually closing IN two weeks. We misread Kreutzer's tweet: "Spark Capital to close Fund 4 with $425M in about two weeks. " Apologies!