Khosla Ventures Announces New Funds, Partners
Khosla Ventures has closed two new funds with more than $1 billion in capital commitments. Khosla Ventures III was targeted at $750 million, and will focus on early and mid-stage venture investments in the cleantech and IT spaces. Khosla Ventures also was targeting $250 million for its first seed-stage fund. The two new partners are: Gideon Yu, former CFO for Facebook, and Jim Kim, previously a senior partner with CMEA Capital (peHUB reported Kim's hiring last month).
1 September 2009•4 mins read
