Kleiner Perkins related stories
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Jetti Resources raises $24 mln, Kleiner Perkins among likely investorsJetti Resources, a natural-resources-tech startup, has raised about $24 million (US$18.7 million) in a Series A financing, apparently with the help of some heavyweight U.S. investors. The Vancouver company, founded in 2014, reported securing most of its funding target in an August filing with the U.S. Securities and Exchange Commission. Jetti told PE Hub Canada the round was closed shortly afterward at the full amount. The round’s backers were not disclosed but likely include Silicon Valley venture firm Kleiner Perkins Caufield & Byers. Kleiner Perkins is identified as an investor on Jetti’s website alongside DNS Capital, a U.S. family office.
Turo raises $92 mln, buys CrooveTuro said Sept. 6 that it raised $92 million in Series D funding led by Daimler and SK Holding. Liberty Mutual Strategic Ventures and Founders Circle Capital joined the financing. Existing investors August Capital, Canaan Partners, Kleiner Perkins, GV, Trinity Ventures and Shasta Ventures also invested. Turo, of San Francisco, is a peer-to-peer car sharing marketplace. Turo said it is also buying Croove, a peer-to-peer car sharing marketplace in Germany from Daimler.
Retail app maker Tulip raises $40 mln from Kleiner Perkins, others: ReutersTulip Retail, which makes an app for retailers, said this week it raised US$40 million ($50 million) in a funding round led by Kleiner Perkins Caufield & Byers. The Series B, which included existing investors such as Jump Capital, gives Kleiner Perkins' general partner, Mood Rowghani, a seat on the startup's board. Founded in 2013, Toronto-based Tulip has developed an app that helps retailers tailor in-store experiences by giving store employees faster access to real-time inventory and price comparison data among other things. Tulip said it was seeing rising demand in Europe, South America and Asia, and planned to open offices in these markets. "The main thing that we've been delaying at Tulip that now we can accelerate is our international growth," Tulip CEO Ali Asaria told Reuters.
- Ripcord nabs $40 mln Series B
Ripcord, a robotic digitization company, has secured $40 million in Series B funding. Icon Ventures led the round with participation from Kleiner Perkins Caufield and Byers, Lux Capital and Silicon Valley Bank. In conjunction with the funding, Icon Ventures General Partner Jeb Miller will join Ripcord's board of directors.
PE HUB First ReadFirst Read ends the week with news that Siemens is putting its Healthineers IPO plans on hold, Yelp stock jumps as it posts an unexpected profit and Kleiner hires Social Capital co-founder.
Kleiner Perkins adds Mamoon Hamid as GPMamoon Hamid, an investor in Box, Slack and Yammer, is joining the venture team at Kleiner Perkins Caufield & Byers as a general partner, the firm announced. Hamid was most recently general partner at Social Capital, which he co-founded nearly six years ago, and before that was a partner at U.S. Venture Partners.