Foundation Capital adds two partners

Palo Alto, California-based Foundation Capital recently added two new partners: Li Sun and Apoorva Pandhi. Sun joined in February and was previously a senior associate at Bessemer Venture Partners. Pandhi came on board in March and was most recently at Quid and before that, Funnl Labs, which he co-founded, and Lightspeed Venture Partners.

The firm is looking to raise $350 million for its ninth fund, according to a regulatory filing from last fall.

Source: Foundation Capital website.