Kleiner Perkins related stories
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- Andreessen Horowitz Buys $80M Worth of Twitter Shares on Secondary Market
SAN FRANCISCO Feb 9 (Reuters) - Influential venture capital outfit Andreessen Horowitz has invested $80 million in microblogging phenomenon Twitter, adding to its growing portfolio of social media names. The venture capital firm bought Twitter stock on secondary markets for private firms a few weeks ago, joining Kleiner Perkins and other high-profile investors in a 4-year-old website that allows users to send 140-character messages, or "tweets." (Note: The news was first reported by Kara Swisher at AllThingsDigital http://kara.allthingsd.com/20110209/exclusive-andreessen-horowitz-invests-80-million-in-twitter/ To be clear, the investment does not represent an influx of new capital for Twitter. AH purchased the shares from existing Twitter shareholders.-Ed.)
- Path Seals $8.65M in Series A
Path, a San Fransisco-based start-up developing an online personal network, said today that it’s closed on $8.65 million from venture investors Kleiner Perkins Caufield & Byers and Index Ventures. The Series A round will help the company with its continued development. Kleiner Perkins’ Chi-Hua Chien and Index Ventures’ Mike Volpi join the company’s board as a result of the financing.
- Plum District Inks $8.5M Series A
Plum District, a daily coupon and discount site focused on moms and families, has raised $8.5 million in Series A financing. Kleiner Perkins Caufield & Byers led the round, which included investments from General Catalyst Partners. Kleiner Perkins Partner Aileen Lee will join the board as a result of the financing. Plum District is currently operating in a handful of US markets, including the San Francisco Bay Area, San Diego, Orange County, Los Angeles, Chicago, New York and Washington D.C.
- Stoke Closes $17 Million Series E Funding Round
Stokes Inc. received $17 million through a Series E funding round. The Santa Clara, Calif.-based mobile broadband gateway provider has secured a total of about $92 million in funding to date. Focus Ventures of Palo Alto, Calif., led round E. Existing investors (DAG Ventures, Integral Capital Partners, Pilot House Ventures, Net One Systems Co., DoCoMo Capital Ltd., Mobile Internet Capital Inc., Sequoia Capital, and Kleiner Perkins Caufield & Byers) participated in the round. The latest capital obtained will be used to support an increased installed base and new network optimization projects.
- VCs with Klout
Klout – the developer of a social media reach measurement tool best known for declaring pop singer Justin Bieber more influential than Barack Obama – has just raised $8.5 million in a new funding round led by Kleiner Perkins Caufield and Byers. The three-year-old company will use the money to improve its algorithms, increasing the number of services used to crunch its scores. Currently, the site principally analyzes Twitter and Facebook data to come up with scores to measure the size of someone’s engaged audience, the likelihood their content will generate a response, and the level of influence of their followers. Who comes out on top? Recent Klout Scores, on a scale of 1 to 100, show 16-year-old tween heartthrob Bieber with the highest score at 100, well ahead of Barack Obama, at 87, who also trails Lady Gaga, at 91. Now, of course, that doesn’t mean Klout is saying Bieber and Gaga are more powerful. No one’s expecting them to hammer out the next nuclear disarmament treaty. But when it comes to Twitter followers, retweets, Facebook views and other measurements of social media clout, their status is indisputable.
- TCV and Kleiner Perkins Invest $135 Mln in OSIsoft
Technology Crossover Ventures and Kleiner Perkins Caufield & Byers have invested $135 million in OSIsoft. As part of the deal, Jake Reynolds, TCV general partner, and Ben Kortlang, a KPCB partner, will join the OSIsoft board. San Leandro, Calif.-based OSIsoft provides the PI System which manages real-time data and events for sectors including manufacturing, energy and utilities.
- Ecommerce Bounces Back
It was another monster year for the Internet, thanks in large measure to the growth of Groupon and other social shopping sites
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