Kleiner Perkins Planning to Raise New Venture Fund
Venture-capital firm Kleiner Perkins Caufield & Byers plans to start fund raising for a new early stage fund, said people familiar with the plans.
The Menlo Park, Calif., venture firm, which has backed tech companies such as Google Inc. and Zynga Inc., is preparing to raise its 15th early stage fund — which is regarded as its main fund — said these people. Kleiner has told investors its new fund will be around the same size as its prior early stage fund, Fund XIV, which it raised in 2010 sized at around $650 million, said these people.