Redpoint Ventures, an early stage firm focusing on providing funding for entrepreneurs and startups, has just nabbed $400 million for its Redpoint V capital fund. While the VC firm has already invested in 350 tech companies (HomeAway, Qihoo, Intermolecular to name a few), it will use its funds to invest in mobile, cloud, social, entertainment technology, and big data. [Source: Redpoint]