Category: Kleiner Perkins

Leanplum raises another $27M, shakes up its executive ranks

Customer engagement platform Leanplum today announced that it has raised a $27 million extension to its 2017 $47 million Series D round. This additional funding was led by previous investors Norwest Venture Partners and Shasta Ventures. Kleiner Perkins, Canaan and Launchub also participated in this round, which the company says…

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KPCB has already blown through much of the $600 million it raised last year

Kleiner Perkins, one of the most storied franchises in venture capital, has already invested much of the $600 million it raised last year and is now going back out to the market to raise its 19th fund, according to multiple sources. The firm, which underwent a significant restructuring over the…

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Practice Fusion, backed by top VCs before selling in 2018, pushed doctors to prescribe opioids in kickback scheme

Practice Fusion, a medical records startup that attracted more than $150 million from VCs, including at Founders Fund, Kleiner Perkins, and Artis Ventures, has some negative press coverage since selling to its older and publicly traded rival Allscripts in a $100 million cash deal in early 2018. Yet it appears…

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Two Sigma Ventures raises $288M, complementing its $60B hedge fund parent

Eight years ago, Two Sigma Investments began an experiment in early stage investing. The hedge fund, focused on data-driven quantitative investing, was well on its way to amassing the $60 billion in assets under management that it currently holds, but wanted more exposure to early stage technology companies, so it…

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