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Kleiner Perkins Closing $525 Million KPCB 15

[Techtaffy Newsdesk]

Kleiner Perkins Caufield & Byers (KPCB) has closed the Kleiner Perkins Caufield & Byers XV, (KPCB 15), a $525 million venture capital fund focusing on investments in early-stage digital consumer and enterprise, green tech and life sciences companies.

The fund will be led by ten managing members, including: Mike Abbott, Chi-Hua Chien, Amol Deshpande, John Doerr, Bing Gordon, Wen Hsieh, Randy Komisar, Matt Murphy, Beth Seidenberg, and Ted Schlein.

Ted Schlein  (Partner, KPCB):  We will identify promising early-stage companies in our areas of focus and bring value-added resources in key areas to help early-stage companies grow and succeed. This includes applying our considerable industry, operational and financial expertise and network of relationships to help entrepreneurs build lasting enterprises.

KPCB’s recent early-stage investments include Zynga, RPX, Flipboard, One Kings Lane, Path, Puppet Labs, Nebula, Nest, Aquion Energy, Auxogyn, and Foundation Medicine, among others.

KPCB continues to actively invest from its existing funds across both early and growth-stage companies. These include KPCB’s $1 billion Digital Growth Fund (DGF) dedicated to later-stage growth companies; iFund, a $200 million investment initiative focused on mobile Internet device opportunity; sFund, the $250 million initiative focused on Web-facing social companies and services; and KPCB’s $1 billion Green Growth Fund (GGF).

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